Published in Memory
Intel and ST names new flash business
Numonyx is the name
Intel and STMicroelectronics has named its pending new flash memory company and it will hence forth be known as Numonyx. The new company "will focus on supplying non-volatile memory solutions for a variety of consumer and industrial devices including cellular phones, MP3 players, digital cameras, computers and other high-tech equipment."
"We want the industry to see that we are already hard at work to create a significant, agile and energetic new company and what better way to convey that than to give it a name," said Brian Harrison, vice president and general manager of Intel's Flash Memory Group and CEO-designate for Numonyx.
The new company is expected to be up and running some time in this half of the year and the Numonyx name is apparently a play on the word mnemonics.
You can read the Intel press release here