DensBits Into Licensing Agreement With Toshiba

DensBits Technologies Ltd, entered into a licensing agreement with Toshiba Corporation.

Under the agreement, Toshiba is granted a license to DensBits’ advanced flash controller technology, Memory Modem, to be used in the development of low-cost, performance, reliable flash memory-based storage solutions.

“We are delighted to collaborate with Toshiba, a world technology leader and the original pioneer of flash memory,” said Amir Tirosh, DensBits’ EVP marketing and business development. “Our proprietary Memory Modem controller technology combined with Toshiba’s industry leading flash memory technology will allow the introduction of superior flash storage solutions in terms of cost, reliability, and performance. We see this agreement as yet another successful milestone in achieving our overall strategy of helping memory manufacturers enable next generation flash memory devices and applications.“