• Weebit Nano licenses its ReRAM technology to global semiconductor leader Texas Instruments
• Agreement includes IP licensing, technology transfer, design, and qualification of Weebit ReRAM
• Collaboration will enable TI to enhance its position as a leading embedded processors provider

Weebit Nano Limited, a leading developer and licensor of advanced memory technologies, has announced that it has licensed its ReRAM technology to global semiconductor company Texas Instruments (TI). Under the terms of the agreement, Weebit's ReRAM technology will be integrated into TI's advanced process nodes for embedded processing semiconductors. The agreement includes IP licensing, technology transfer, design, and qualification of Weebit ReRAM in TI's process technologies. Weebit ReRAM is a low-power, cost-effective non-volatile memory (NVM) that has proven excellent retention at high temperatures and has been qualified for AEC-Q100 150°C operation. Amichai Ron, Senior Vice President of TI Embedded Processing, stated that the collaboration will enable TI to enhance its position as a leading embedded processors provider by giving its customers access to industry-leading NVM technology in performance, scale, and reliability. Coby Hanoch, CEO of Weebit Nano, said that this agreement is another strong signal that the industry is moving towards ReRAM as the successor to flash memory in SoC designs and reinforces Weebit's position as the leading independent provider of ReRAM technology.

The license agreement with Texas Instruments is expected to be long-term, but the economic materiality is not known at this time. Production orders and royalty payments will only commence in the medium term, at TI's discretion.