The Russian government funded $3 billion investment institutions supporting indigenous company devel
May 19th, 2011
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According to the Wall Street for launching a Russian government investment agency reported, funded Rusnano） plan （$30 billion to support local a development MRAM Crocus of storage startups. Founded in 2004 by a Tower Semiconductor Crocus 128 nano chip production line to develop a new type of magnetic resistance random access memory （MRAM）， is now preparing to take technology upgrading to 90 nanometres.
Report: Russia backs MRAM startup in $300M deal
LONDON – Rusnano, the Russian government investment fund for nanotechnologies, is involved in a deal to back MRAM startup Crocus Technologies Inc. in a deal worth $300 million, according to a Wall Street Journal report.