Future Electronics and Crocus Technology sign global distribution agreement
Future Electronics today announced that it has signed a distribution agreement with Crocus Technology, a leading developer of magnetically enhanced semiconductor technologies for mobile security, embedded microcontrollers, harsh environment electronics and magnetic sensors.
“Considering the ever increasing demand for non-volatile memories and products capable of enhancing the performance and security of chips for smart cards, mobile phones and data servers, Crocus' disruptive Magnetic Logic Unit™ (MLU™) technology is difficult to ignore,” said Dragos Chima, Director of the Memory business unit at Future Electronics. “This compelling technology matches Future's goal of promoting leading edge products with superior service to customers of all sizes around the world and we welcome the opportunity to leverage our vast global supply chain services and engineering capabilities to help drive the widespread adoption of Crocus' products”.
“Crocus is very pleased to partner with Future Electronics, a leading global distribution network with unrivalled technical strengths,” said Bertrand Cambou executive chairman of Crocus Technology. “With Future, we expect to quickly deploy our commercial strategy across key markets. Future’s extensive global network will increase opportunities to use our design and make our memory and sensor products more readily available for customers seeking high-performance high-quality solutions.”