SK Hynix to take over PCIe section from Violin MemorySK Hynix signed a contract to take over the PCIe division of Violin Memory, a U.S.-based flash memory provider, the Korean company said yesterday.
The value of the deal was not made public. The takeover will be finalized late next month, SK Hynix said. The PCIe, or the peripheral component interconnect express, is a new-generation interface format that connects a computer with its attached peripherals. Because it has a much higher speed than previous interface formats, such as PCI or PCI-X, it is used for solid-state drives, which are beginning to replace hard disk drives.
SK Hynix said the takeover is part of its effort to enhance its technologies in NAND flash memory.