MRAM startup strengthens executive team

August 26, 2016 // By Peter Clarke
Spin Transfer Technologies Inc. (Fremont, Calif.), a developer of MRAM technology has appointed two senior executives; Les Crudele, senior vice president responsible for IC development, and Jeff Lewis, senior vice president of business development.

Previously, Crudele has held the positions of general manager of Motorola's PowerPC RISC microprocessor division, and general manager of Compaq's workstation products division. Crudele has held CEO positions at Banderacom, Transmeta, and Azuray Technologies.

Lewis was senior vice president of business development and marketing at SuVolta, where he directed the company's customer licensing and market engagement activities, including the company's strategic partnership with, and ultimate acquisition by, Fujitsu. Lewis has also worked as a vice president of business development at Innovative Silicon; CEO of CiraNova, an EDA company; and held vice president positions at FormFactor, Artisan Components, and Compass Design Automation.

Both Les and Jeff bring a wealth of experience and knowledge to the table as we work towards advancing the commercialization of our MRAM technology and enter the growing storage, IoT, and mobile markets," said Barry Hoberman, CEO of Spin Transfer Technologies, in a statement. Spin Transfer Technologies is a subsidiary of Boston-based Allied Minds (LSE: ALM).

In February 2015 SST announced Pete Magowan had joined the company’s board of directors. Magowan is a former ARM  executive and board member turned venture capitalist.

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