In August 2011, Grandis Inc was acquired by Samsung Electronics. Grandis is a pioneer in developing and licensing innovative non-volatile memory solutions derived from cutting-edge research in spintronics. Its mission is to enable revolutionary products through application of the electronâs spin to store, manipulate and transmit information. Grandisâ proprietary Spin-Transfer Torque RAM (STT-RAMâ¢) technology has all the characteristics of an ideal âuniversal memoryâ and represents a breakthrough over first-generation, field-switched magnetic random access memory (MRAM) technology. Also known as STT-MRAM or SpinRAM, STT-RAMâs unique synthesis of non-volatility, low power consumption, ultra-fast read and write speed, unlimited endurance, and extendibility beyond the 32 nm semiconductor node, provides significant advantages over conventional memory technologies and offers system designers the ability to develop new products with high performance, low power consumption and low cost. Grandis holds a unique, broad patent portfolio in STT-RAM, including key fundamental and practical implementation patents, and licenses its IP to technology companies that design, develop and manufacture a variety of products incorporating stand-alone and embedded STT-RAM memory. Grandis also has a strong technical team with a proven track record in magnetic thin film and semiconductor memory technology. The teamâs extensive experience covers spintronics, magnetics and conventional MRAM, as well as SRAM, DRAM and Flash. It offers its licensees a complete range of support services from process installation through