September 28, 2016 4:36 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of Everspin Technologies, Inc.

Company Overview

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory products to customers in the United States and internationally. The company provides its products for applications, including industrial, automotive, transportation, and enterprise storage applications. It serves customers through a direct sales channel and a network of representatives and distributors. The company was incorporated in 2008 and is headquartered in Chandler, Arizona.

1347 North Alma School Road

Suite 220

Chandler, AZ 85224

United States

Founded in 2008

86 Employees

Phone:

480-347-1111

Fax:

480-347-1175

Key Executives for Everspin Technologies, Inc.

Chief Executive Officer, President and Director
Age: 55
Chief Financial Officer
Age: 56
Vice President of Operations
Age: 69
Vice President of Technology, Research & Development
Age: 56
Vice President of Worldwide Sales and Marketing
Age: 54
Compensation as of Fiscal Year 2016.

Everspin Technologies, Inc. Key Developments

Everspin Technologies, Inc.'s Scalable Spin Torque MRAM Technology to Be Deployed in GLOBALFOUNDRIES 22FDX Platform as Non-Volatile Embedded Memory

Everspin Technologies, Inc. announced that its most advanced ST-MRAM technology will be available as an embedded memory through its relationship with GLOBALFOUNDRIES. With the GLOBALFOUNDRIES announcement of 22FDX eMRAM based on Everspin’s ST-MRAM technology, customers will have access to memory that offers the benefit of working memory (SRAM) combined with code storage (Flash), enabling system designers to take advantage of latest NVM memory technology. GLOBALFOUNDRIES is producing the first of Everspin’s pMTJ ST-MRAM, a 256Mb in a 40nm CMOS process on its 300mm wafer line. Together the companies are preparing for volume production of stand-alone ST-MRAM Storage Class Memory.

Everspin Technologies Seeks Acquisitions

Everspin Technologies, Inc. is seeking acquisitions. Everspin Technologies stated in its recent filing that it will raise up to $45 million in an initial public offering and may use a portion of the net proceeds from for investments in or acquisitions of complementary businesses, products, services, technologies or other assets.

Everspin and Aupera Announce the Launch of the First M.2 Storage Module, the Aup-AXL-M128

Everspin Technologies, Inc. and Aupera Technologies Inc. announced the launch of the first M.2 storage module, the Aup-AXL-M128, based on Everspin’s 256Mb perpendicular magnetic tunnel junction (pMTJ) ST-MRAM. Aupera’s Aup-AXL-M128 is currently used in Aupera’s All Flash Array system as a hardware acceleration engine for specific applications that require low latency and high performance. Aupera Technologies has also launched its new generation All Flash Array system, Aup-Litesaber-V2000, uniquely built on Aupera’s proprietary Distributed Computing and Storage technology optimized for video data storage, processing and analytic application. Everspin’s ST-MRAM technology combines high performance, non-volatile DDR3 RAM speed with very high endurance for enterprise storage and server markets. Everspin offers the world’s first commercially available perpendicular magnetic tunnel junction (pMTJ) based ST-MRAM, giving designers of high performance storage systems the ability to achieve ultra-low latency, increase reliability with high cycling endurance, and protect data in the event of power loss.

Similar Private Companies By Industry

Company Name Region
1 SolTech Inc. United States
1366 Technologies, Inc. United States
21-Century Silicon, Inc. United States
3DSP Corporation United States
3Plus1 Technology, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Everspin Technologies, Inc., please visit www.everspin.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.