Rambus and GigaDevice launch a new company called Reliance Memory to commercialize embedded RRAM

Rambus, in collaboration with GigaDevice, launched a new company called Reliance Memory, to commercialize RRAM technology for embedded devices. Rambus also announced the strategic investment partners in Reliance Memory - THG Ventures, West Summit Capital, Walden International and Zhisland Capital.

Rambus is developing RRAM technologies since 2012, when it acquired Unity Semiconductor, an RRAM developer, for $35 million. In 2017 Rambus licensed its RRAM patents to Western Digital.