Netlist Company signed a five-year contract with Samsung for the joint development of modules nonvolatile DIMM. For the first of the parties to this transaction will bring $ 8 million in cash and $ 15 million investment from Samsung Venture Investment Corporation.
The solution is based on a simple idea: to install the DIMM flash memory chips, combining speed DDR3 or DDR4 interface with non-volatile NAND. Initially, Netlist and Diablo Technologies worked together on the technology, but later they parted ways, and between the companies broke litigation. Financial results Netlist also not encouraging: in the third quarter the company's revenue amounted to only $ 1.6 million, net loss - $ 5.4 million.
Samsung and Netlist plans to present the first fruits of joint work in the next year. These products will be combined with developments in the area of Samsung DRAM and NAND, as well as technology Netlist HyperVault.