Winbond buys stake in Silicon Valley-based NexFlash
Winbond buys stake in Silicon Valley-based NexFlash
By Semiconductor Business News
February 2, 2001 (10:12 a.m. EST)
URL: http://www.eetimes.com/story/OEG20010202S0016
SANTA CLARA, Calif.--Taiwan's Winbond Electronics Corp. has acquired a minority stake in NexFlash Technologies Inc., a Santa Clara-based developer of intellectual property for flash memory. The stake was purchased for $33 million, according to NexFlash, which was established in 1998 by Integrated Silicon Solution Inc. (ISSI) here. "Partnering with Winbond will enable NexFlash to pool the resources to develop very advanced process technologies and products," said Mo Bandali, president of NexFlash. "In addition, the cash infusion will finance our growth as we go forward." About 45% of the funds from Winbond will go directly to NexFlash with the rest being received by shareholders in the privately-held company. The investment was made by the investment arm of Winbond, based in Hsinchu, Taiwan.
Related Semiconductor IP
- xSPI Multiple Bus Memory Controller
- MIPI CSI-2 IP
- PCIe Gen 7 Verification IP
- WIFI 2.4G/5G Low Power Wakeup Radio IP
- Radar IP
Related News
- NexFlash signs foundry agreement with Winbond Corporation for flash memory production
- Winbond Acquires NexFlash Technology
- Axiomise Heads to Silicon Valley Next Week for RISC-V Summit North America
- zeroRISC, Nuvoton and Winbond Join Forces to Deliver the First Commercial Product Based on the OpenTitan® Open-Source Secure Silicon Platform
Latest News
- Premier ASIC and SoC Design Partner, Sondrel, Rebrands as Aion Silicon
- Intel Financial Risks, Layoffs, Foundry Ambitions
- BOS Semiconductors to Partner with Intel to Accelerate Automotive AI Innovation
- China Takes the Lead in RF Front-End Patent Activity: RadRock and Others Surge Behind Murata
- Arteris Wins Two Gold and One Silver Stevie® Awards in the 2025 American Business Awards®