4DS - Anything but Charting, page-15226

Very interesting indeed.....

Fremont, Calif.-based magnetic RAM startup, Spin Memory, says it has developed a transistor that allows MRAM and resistive RAM to be scaled down considerably. According to the company, the device could also defeat a stubborn security vulnerability in DRAM called Row Hammer.Now that would be interesting and quite a good fit, don't we agree?

PIAI TARGET AQUISITION..

Target Sector:From the S-1:“We intend to focus on acquisition opportunities that capitalize on the growth of the data-centric economy. This economy is characterized by the dramatic growth in data, the increasing value that can be generated from that data and the profound disruption that harnessing and managing such data can have throughout the global economy.

We believe that advances in Artificial Intelligence (AI), machine learning, cloud computing, mobile applications, automation throughout global supply chains, clean energy solutions, autonomous vehicles and the consumer and industrial IoT will drive sustained growth and accelerate the digital transformation of the enterprise and lead to significant value creation.”

On the other hand, so many companies could be said to have a data-focused approach that it would be difficult to list them all. The PIAI target could be a flash storage manufacturer, an AI/deep learning-related company, a corporate cloud storage provider, or something totally different.





John Kispert was named CEO in February 2009, a month before the company's Chapter 11 filing.[7] It was understood that Kispert walked into a "no-win situation," according to the local media.[7]With the company in turmoil and needing to reduce expenses,[7] Spansion laid off 3,000 employees without severance pay on February 23, 2009. Kispert was given a compensation package that could pay a $1.7 million bonus if he successfully found a buyer for the company or liquidated the company within six months.[26] Kispert never saw this bonus since he opted to file bankruptcy[7] in March 2009.[27] Managers received an 11% increase in pay, negating the effect of an earlier 10% salary cut.[28] The company filed for Chapter 11 bankruptcy on March 1, 2009, amid growing anger of former employees.[29][30]In 2010, a settlement was reached on behalf of former employees of Spansion Inc. whose employment was terminated on or around February 23, 2009.[31] Kispert also instituted a policy of offering any new jobs first to the employees who were fired in 2009.[7]

In December 2014, Cypress Semiconductor merged with Spansion in an all-stock deal worth $1.59 billion. Shareholders of each side will own about 50 percent of the new company, which will keep the name of Cypress Semiconductor Corp. The companies valued the deal at $4 billion. They expected it to close in the first half of 2015 and to cut annual costs by $135 million within three years. Cypress President and CEO TJ Rodgers was the CEO of the combined company, which was expected to have $2 billion in annual revenue. Spansion Chairman Ray Bingham was the non-executive chairman