Crocus Technology

Last updated
Crocus Technology International Corporation
Type Private
Industry Semiconductors
Founded2004;19 years ago (2004)
Headquarters Milpitas, California, USA
Number of locations
Key people
Zack Deiri, (President & CEO)

Ken Mc Kay, (VP Tech. Development)
Jeff Childress, (CTO)

Anuraag Mohan,

Contents

(VP Applications)
ProductsIntegrated magnetic sensors for industrial, automotive, and consumer applications.
Owner
Number of employees
~75
Website crocus-technology.com

Crocus Technology, founded in 2004, is a venture-capital-backed semiconductor startup company developing and manufacturing integrated magnetic field sensors for a variety of applications: Automotive, consumer goods, industrial and medical IoT.

History

Crocus Technology was founded at Grenoble in 2004, based on research at the Spintec laboratory. [1] It eventually moved its headquarters to Santa Clara, California, but retained its engineering base in Grenoble.

The company initially developed its MLU™ (Magnetic Logic Unit™) technology for stand-alone and embedded spintronic MRAM (magnetic random-access memory). In 2015, Crocus Technology introduced its first magnetic sensor product based on its technology.

Today, it focuses its activities entirely on integrated, high-performance magnetic sensors. In 2022, it moved its California Headquarters from Santa Clara to Milpitas.

On October 31, 2023, Allegro MicroSystems completed the acquisition of the company for $420 million in cash. [2]

Patents

In intellectual property, the company possesses 154 patents supporting its products, relating to TMR technology, memory and sensor design.

Joint ventures

On June 18, 2009, Crocus Technology announced a partnership with an integrated circuit specialty foundry Tower Semiconductor. As part of the deal, both companies will dedicate special equipment to Tower’s factory, and Tower will fully manufacture Crocus’ technology in its 200mm Fab2 facility. Tower took a $1.25 million equity position in Crocus. [3]

Investors

Other investors include Idinvest Partners, [4] CDC Innovation, [5] Enterprises et Patrimonies, [6] Nano Dimension, [7] Sofinnova Partners, Sofinnova Ventures, and Ventech.

Related Research Articles

Spintronics, also known as spin electronics, is the study of the intrinsic spin of the electron and its associated magnetic moment, in addition to its fundamental electronic charge, in solid-state devices. The field of spintronics concerns spin-charge coupling in metallic systems; the analogous effects in insulators fall into the field of multiferroics.

Non-volatile random-access memory (NVRAM) is random-access memory that retains data without applied power. This is in contrast to dynamic random-access memory (DRAM) and static random-access memory (SRAM), which both maintain data only for as long as power is applied, or forms of sequential-access memory such as magnetic tape, which cannot be randomly accessed but which retains data indefinitely without electric power.

Magnetoresistive random-access memory (MRAM) is a type of non-volatile random-access memory which stores data in magnetic domains. Developed in the mid-1980s, proponents have argued that magnetoresistive RAM will eventually surpass competing technologies to become a dominant or even universal memory. Currently, memory technologies in use such as flash RAM and DRAM have practical advantages that have so far kept MRAM in a niche role in the market.

Non-volatile memory (NVM) or non-volatile storage is a type of computer memory that can retain stored information even after power is removed. In contrast, volatile memory needs constant power in order to retain data.

Nano-RAM is a proprietary computer memory technology from the company Nantero. It is a type of nonvolatile random-access memory based on the position of carbon nanotubes deposited on a chip-like substrate. In theory, the small size of the nanotubes allows for very high density memories. Nantero also refers to it as NRAM.

<span class="mw-page-title-main">Magnetic storage</span> Recording of data on a magnetizable medium

Magnetic storage or magnetic recording is the storage of data on a magnetized medium. Magnetic storage uses different patterns of magnetisation in a magnetizable material to store data and is a form of non-volatile memory. The information is accessed using one or more read/write heads.

Maxim Integrated, a subsidiary of Analog Devices, designs, manufactures, and sells analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio includes power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in San Jose, California, and has design centers, manufacturing facilities, and sales offices worldwide.

Soitec is an international company, based in France, that manufactures substrates used in the manufacture of semiconductors.

<span class="mw-page-title-main">Spin-transfer torque</span> Physical magnetic effect

Spin-transfer torque (STT) is an effect in which the orientation of a magnetic layer in a magnetic tunnel junction or spin valve can be modified using a spin-polarized current.

Nanoelectronics refers to the use of nanotechnology in electronic components. The term covers a diverse set of devices and materials, with the common characteristic that they are so small that inter-atomic interactions and quantum mechanical properties need to be studied extensively. Some of these candidates include: hybrid molecular/semiconductor electronics, one-dimensional nanotubes/nanowires or advanced molecular electronics.

<span class="mw-page-title-main">Semiconductor consolidation</span>

Semiconductor consolidation is the trend of semiconductor companies collaborating in order to come to a practical synergy with the goal of being able to operate in a business model that can sustain profitability.

Dolphin Design is a semiconductor design company, founded in 2018 following its acquisition by Soitec. Formerly known as Dolphin Integration, it is based in Meylan in the Grenoble region.

<span class="mw-page-title-main">CEA-Leti: Laboratoire d'électronique des technologies de l'information</span>

CEA-Leti is a research institute for electronics and information technologies, based in Grenoble, France. It is one of the world's largest organizations for applied research in microelectronics and nanotechnology.

<span class="mw-page-title-main">SVTC Technologies</span>

SVTC Technologies was a technology services company that provided development and commercialization services for semiconductor process-based technologies and products. SVTC operated from 2004 to October 2012.

<span class="mw-page-title-main">Tower Semiconductor</span> Integrated circuit manufacturer

Tower Semiconductor Ltd. is an Israeli company that manufactures integrated circuits using specialty process technologies, including SiGe, BiCMOS, Silicon Photonics, SOI, mixed-signal and RFCMOS, CMOS image sensors, non-imaging sensors, power management (BCD), and non-volatile memory (NVM) as well as MEMS capabilities. Tower Semiconductor also owns 51% of TPSCo, an enterprise with Nuvoton Technology Corporation Japan (NTCJ).

Everspin Technologies is a public semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory (MRAM) products, including Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. It also licenses its technology for use in embedded MRAM (eMRAM) applications, magnetic sensor applications as well as performs backend foundry services for eMRAM.

Grandis, Inc. was founded in 2002 by Dr. Paul Nguyen and Bill Almon. Farhad Tabrizi later joined as CEO. It was backed by venture capital firms such as Sevin Rosen Funds and Matrix Partners to pioneer non-volatile solutions based on spintronics. The solutions it developed were thin-film memory, which included the invention of spin transfer torque - random access memory (STT-RAM).

Bernard Dieny is a research scientist and an entrepreneur. He is Chief Scientist at SPINTEC, a CEA/CNRS/UGA research laboratory that he co-founded in 2002 in Grenoble, France. He is also co-founder of two startup companies: Crocus Technology on MRAM and magnetic sensors in 2006 and EVADERIS on circuits design in 2014.

References

  1. Mark LaPedus,
  2. "Allegro MicroSystems Completes Acquisition of Crocus Technology to Accelerate Innovation in TMR Sensing Technology". Allegro MicroSystems. Retrieved 2023-11-25.
  3. Mark LaPedus (June 18, 2009). "Tower invests in Crocus, tips MRAM foundry deal". EE Times. Retrieved July 10, 2013.
  4. "Idinvest Partners". 2011. Retrieved July 18, 2011.
  5. "CDC Innovation". 2011. Retrieved July 18, 2011.
  6. “Entreprises et Patriomoine” Archived 2012-03-28 at the Wayback Machine . 2011. Retrieved Aug. 2, 2011.
  7. "NanoDimension". 2011. Retrieved July 20, 2011.