ITU sold polymer memory company to AMD on the quiet
Which was then folded into FASL
By INQUIRER staff: Mittwoch 06 August 2003, 19:20
ITU VENTURES has been forced to admit that AMD bought a memory company earlier this year that became part of its joint venture with Fujitsu for flash memory.
The firm hurriedly issued a press release after the news was broken on Silicon Strategies.
According to the press release, Coatue was sold for an undisclosed amount.
Coatue produces memory chips based on an electro-polymer tech and is non volatile, like flash, has low power consumption, and the speed of fast DRAM.
AMD bought Coatue and bundled it up with other assets of its memory group to the FASL LLC joint venture announced in the middle of last month.
Intel got terribly exercised by polymer memories in 2002, as you can read here, and the world continued to wait until the end of last year. Since then we've heard little about the technology, but it could mean AMD could leapfrog over Intel's tech if products get out of the door fast enough. µ
See Also
AMD buys up Nat Semi's Information Appliance business Good Geode!
http://www.theinquirer.net/?article=10894
L'INQ
Story on Silicon Strategies site
http://www.siliconstrategies.com/article/showArticle.jhtml?articleId=13000187
Semiconductor Business News story on ITU's site...
http://www.itu.com/CoatuesoldtoAMD.html