Crocus Technology commits for five years

Crocus Technology’s R&D partnership with Spintec is changing tempo. After years of working through renewable one-year agreements, the duo have committed to a five-year agreement (2013–2017) to form a joint lab guaranteed to employ a set number of people.

This move comes just ahead of Crocus Technology’s launch of industrial scale production. Its R&D with Spintec was initially oriented towards long-term goals, but is now focusing on tangible applications combined with product development.

The two parties also took advantage of the new agreement to update terms and conditions on intellectual property and the use of research results.

Contact: pascal.besesty@cea.fr

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