AMD, Fujitsu and Saifun Semiconductors to Collaborate

SUNNYVALE, Calif., August 5 -- AMD, Fujitsu and Saifun Semiconductors Ltd. have agreed to cross-license patents and technology, settle all pending litigation and collaborate in the development of nonvolatile memory technology. As part of the collaboration, AMD and Fujitsu will also take an equity stake in Saifun.

"By combining our long-standing expertise in Flash memory with Saifun’s capabilities and intellectual property, we will focus on developing the industry’s most cost-effective storage solutions," said Bertrand Cambou, vice president of AMD's Memory Group. "AMD and Fujitsu will now be able to not only license Saifun’s NROM technology but also leverage its world-class engineering resources."