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takyon writes:

Rambus, GigaDevice form ReRAM joint venture

Reliance Memory has been formed in Beijing, China to commercialize Resistive Random Access Memory (ReRAM) technology. The company is a joint venture between intellectual property developer Rambus Inc. (Sunnyvale, Calif.), fabless chip company GigaDevice Semiconductor (Beijing) Inc. and multiple venture capital companies. VC companies include THG Ventures, West Summit Capital, Walden International and Zhisland Capital.

The value of the investment was not disclosed but the company is expected to make ReRAM for use in embedded and IoT applications. GigaDevice is a fabless chip company that uses foundries to manufacture non-volatile memory and 32bit microcontrollers.

The Rambus ReRAM technology, previously known as CMOx has a heritage that goes back to Rambus's acquisition of Unity Semiconductor Corp. for $35 million in February 2012. Unity has been working on the technology for a decade, but failed to bring the technology to market. Unity had claimed to have developed a passive rewritable cross-point memory array based on conductive metal oxide. This would provide similarities to filament-based metal migration technologies such as those developed by Adesto Technologies Corp. and Crossbar Inc.

Resistive random-access memory. Yes, that Rambus.

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