Nintendo plunges $15 million into Matrix

MATRIX SEMICONDUCTOR said that Nintendo has agreed to plunge $15 million into the company. It has already received money to the tune of $95 million from other players.

Matrix' product called 3D memory is low cost non volatile memory technology aimed at the handheld market, and touts its intellectual property as "three dimensional" storage.

The technology is made in a standard CMOS fabrication plant, and one of its static memory features is that the data is capable of being stored for 100 years, although probably few of us will be around in 2103 to test this claim.

It claims that it is the first to devise and implement practical methods for producting 3D circuits in large volumes, but no products are so far available.

Reports claim that Sony, Microsoft and Kodak have already put money into the company. µ