DGAP-News: Intermolecular Announces Technology Development and IP Licensing Agreement With Micron for Advanced Memory Technologies
(firmenpresse) - Intermolecular, Inc.
17.04.2013 14:30
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Collaboration Focused on Next Generation Memory
SAN JOSE, Calif., 2013-04-17 14:30 CEST (GLOBE NEWSWIRE) --
Intermolecular, Inc. (Nasdaq:IMI) today announced that it has entered into a
multi-year technology development and IP licensing agreement with Micron
Technology, Inc. (Nasdaq:MU), focused on technology development and related IP
for advanced memory technologies.
The collaboration will involve development activities at Intermolecular's R&D
center in San Jose and will leverage Intermolecular's High Productivity
Combinatorial (HPC(TM)) innovation platform. The collaboration is also
anticipated to provide time-to-market improvements for Micron through
acceleration of advanced materials development.
'New materials and device architectures are increasingly needed to meet future
embedded and mobile technology requirements, and partnering with Micron in this
exciting area is a significant milestone for Intermolecular,' said Dave
Lazovsky, president and CEO of Intermolecular.
'Micron's global R&D efforts are focused on creating advanced memory solutions,
and we believe development of new materials technology is a key enabler to many
of our future challenges,' said Scott DeBoer, Micron's vice president of
research&development. 'We look forward to working with Intermolecular to
enhance our novel materials development efforts.'
Intermolecular's mission is to improve R&D efficiency in the semiconductor and
clean energy industries through collaborations that use its HPC platform, which
allows R&D experimentation to be performed at speeds up to 100 times faster
than traditional methods.
About Intermolecular
Intermolecular has pioneered a proprietary approach to accelerate research and
development, innovation, and time-to-market for the semiconductor and
clean-energy industries. The approach consists of its proprietary High
Productivity Combinatorial (HPC(tm)) platform, coupled with its multi-disciplinary
team. Through paid Collaborative Development Programs (CDPs) with its
customers, Intermolecular develops proprietary technology and intellectual
property for its customers focused on advanced materials, processes,
integration and device architectures. Founded in 2004, Intermolecular is based
in San Jose, California. 'Intermolecular' and the Intermolecular logo are
registered trademarks; and 'HPC' and 'Tempus' are trademarks of Intermolecular,
Inc.; all rights reserved. Learn more at www.intermolecular.com.
CONTACT: Press Contact
David Moreno
MCA Public Relations
dmoreno(at)mcapr.com
+1.650.968.8900 x125
Investor Relations Contact
Gary Hsueh
Intermolecular, Inc.
Sr. Director of Corporate Development and Investor Relations
gary.hsueh(at)intermolecular.com
+1.408.582.5635
News Source: NASDAQ OMX
17.04.2013 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Intermolecular, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901240674
WKN:
End of Announcement DGAP News-Service
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Datum: 17.04.2013 - 14:30 Uhr
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News-ID 249918
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