Monday, October 3, 2011

Memoir Systems writes next chapter on how to increase system performance

SANTA CLARA, USA: Memoir Systems Inc. announced the official launch of the company. Through its unique, patent-pending Algorithmic Memory technology, Memoir solves the Memory Operations Per Second (MOPS) bottlenecks that are plaguing today’s SoC products. The company’s technology provides an order of magnitude increase in embedded memory performance. Memoir’s technology can also lower embedded memory area and power consumption, and shorten memory development time.

Memoir Systems was co-founded in March 2009 by Sundar Iyer (CTO) and Da Chuang (COO), and is backed by Lightspeed Venture Partners. Iyer has previous experience as co-founder and CTO of Nemo Systems, the network memory company that was acquired by Cisco Systems, and Chuang was a technical leader at Cisco. In addition, both founders have a common background in academia, as well as in founding roles in previous switching and associative memory-related startups.

In conjunction with the formal launch of the company, memory industry veteran, Adam Kablanian, has been named as CEO of Memoir Systems. Iyer and Chuang noted, “Adam’s experience and knowledge of the memory industry will play a pivotal role in the overall development of Memoir as a successful, thriving enterprise.”

Kablanian noted: “I am delighted to join the team at Memoir Systems. After spending 25 years in the memory business, I thought I had seen all the innovations that were possible in terms of how to make memories faster. After learning about Memoir’s unique technology, I realized that there are more chapters to write on memory, and I want to be part of that. Memoir’s pioneering technology ushers in the next phase of embedded memory innovation, i.e. Memory 2.0.”

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