According to this document (PDF, 84 KB) on NVE Corp.'s Web site, Motorola is going to do its best not to use NVE's MRAM IP. (How's that for alphabet soup? Short explanation: Nanotech-enabled memory for your portable devices.)
But, those who read my NanoMarkets report on nanostorage last year already knew this would happen.
Here's what's on NVE's Web site:
- MOTOROLA MAY ATTEMPT TO HAVE MRAM MANUFACTURED BY FREESCALE FOR MOTOROLA UNDER OUR AGREEMENT WITH MOTOROLA, WHICH COULD BE UNDER LESS FAVORABLE TERMS FOR US THAN AN AGREEMENT WITH FREESCALE.
Motorola recently indicated to us that it may attempt to have MRAMs manufactured by Freescale for Motorola under the so-called "have made" rights in our agreement with Motorola. We believe Motorola will likely have terminated this agreement and so relinquish its have-made rights at the end of 2005, as a result of having transferred its MRAM manufacturing capability to Freescale. We hope to, before then, negotiate a new agreement with Freescale, or an assignment of the Motorola agreement to Freescale, though only with amendments thereto, but there can be no assurances.
- Best-case scenario: Motorola
and Cypress use NVEC’s IP and a lot of stockholders are happy, and
Daughton, along with NVEC CEO Dan Baker become the Gates and Ballmer
of the nanoworld. Or, more likely, NVEC’s IP will be embedded slightly or not
at all into either one of the companies’ final products and there will either be
some long-lasting lawsuits or some quiet payments made. This has happened
in the past between NVEC and Motorola and could happen again.
NVEC will continue to survive off of its IP, and continue to gather military
and other government contracts, like the total $1.24 million in DARPA grants
it has received since 2002. Take away the shaky link with Motorola and Cypress, and that’s what NVEC is⎯another nanotech start-up that lives
from grant to grant. More here
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