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
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
- SHA-256 Secure Hash Algorithm IP Core
Related News
- NexFlash signs foundry agreement with Winbond Corporation for flash memory production
- Winbond Acquires NexFlash Technology
- Baya Systems, Imagination Technologies and Andes Technology to Present on Heterogeneous Compute Architectures at Andes RISC-V CON Silicon Valley
- Pioneering Silicon Valley Innovator Joins Aion Silicon as Engineering VP
Latest News
- EU DARE Project Is Scrambling to Replace Codasip
- Sofics and Alcyon Photonics Partner to Support Next-Generation Photonic Systems
- QuickLogic Appoints Quantum Leap Solutions as Authorized Sales Representative
- Cadence and NVIDIA Expand Partnership to Reinvent Engineering for the Age of AI and Accelerated Computing
- Cadence and Google Collaborate to Scale AI-Driven Chip Design with ChipStack AI Super Agent on Google Cloud