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Date: 27-03-14

ISSI and Spansion sign patent license agreement

Spansion and ISSI have signed license agreement that gives ISSI access to Spansion's patent portfolio to develop and produce specialized flash memory products.

"ISSI is proud to work with Spansion and further the development of flash memory technologies for ISSI's served markets," said Manjunatha V. Kashi, vice president, Flash Business Development at ISSI. "With this license agreement, we will be able to expand our range of specialty flash solutions for our customers."

"This licensing agreement demonstrates the value of Spansion's intellectual property," said Ali Pourkeramati, senior vice president of Spansion. "We are committed to working across the industry to provide access to our patent portfolio and deliver continued innovation in non-volatile flash memory."

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