Spansion and Winbond Sign Licensing Agreement | Cypress Semiconductor
Spansion and Winbond Sign Licensing Agreement
SUNNYVALE, Calif., Sept. 16, 2014 -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems solutions, today announced the signing of a cross-license agreement with Winbond Electronics Corporation (TSE: 2344), a worldwide leading supplier of specialty memory. This gives both companies access to each other's Flash memory patent portfolio.
"This agreement reflects the strong IP position of both companies and our ongoing commitment to provide and have access to valuable memory patents in the industry," said Ali Pourkeramati, senior vice president of strategic alliances at Spansion. "We believe the cooperation between Spansion and Winbond will be positive for our customers, enabling them to benefit from innovation and new technologies."
Flash memory is a critical part of billions of dollars worth of consumer electronics such as cartridges for gaming devices, digital cameras, networking equipment, set-top-boxes, and notebook and tablet computers. Spansion has invested billions of dollars in research and development and holds more than 4,000 Flash memory patents and patent applications. Winbond is the pioneer and leading supplier of SPI NOR Flash.
"The agreement opens up opportunities for both companies to leverage each other's strengths to broaden the product portfolio and collaborate on new products," said John Park, Vice President of Flash Memory Business Group at Winbond.
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Spansion (NYSE: CODE) is a global leader in embedded systems solutions. Spansion's flash memory, microcontrollers, analog and mixed-signal products drive the development of faster, intelligent, secure and energy efficient electronics. Spansion is at the heart of electronics systems, connecting, controlling, storing and powering everything from automotive electronics and industrial systems to the highly interactive and immersive consumer devices that are enriching people's daily lives. For more information, visit http://www.spansion.com
Spansion®, the Spansion logo, MirrorBit®, HyperBus, HyperFlash and combinations thereof, are trademarks or registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.