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Ovonyx, Inc. · Rochester Hills, MI United States

Company Description

2956 Waterview Dr.
Rochester Hills, MI
48309
United States (Map)
Phone: 248-299-6022
Fax: 248-659-1500
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    Ovonyx has developed designs for a new type of technology used in non-volatile memory chips. The technology is known as Ovonic Unified Memory (OUM), or phase-change memory (PCM), and it is meant to supplant flash memory devices in consumer electronics. The company has licensing and development agreements with several chip makers, including BAE Systems, Elpida Memory, Hynix Semiconductor, Nanochip, Samsung Electronics, and STMicroelectronics. Energy Conversion Devices (ECD), which originally developed the memory technology, owns about 40% of Ovonyx. CEO Lowrey, Intel, and other investors own the rest of the company. Ovonyx was founded in 1999 by Tyler Lowrey and Ward Parkinson. To read the full description, subscribe now.
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    Key Ovonyx, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees34

    Ovonyx, Inc. Executives

    3 executives listed for Ovonyx, Inc.'s Rochester Hills, MI location.
    TitleName & BioContact
    President and CEOTyler LowreyNetwork
    VP Business DevelopmentStefan LaiNetwork
    PartnerWard ParkinsonNetwork

    Competition

    Competitive Landscape for Ovonyx, Inc.
    The industry depends highly on demand from the computer industry and makers of telecommunications products such as cell phones, which can vary sharply from year to year. Companies can be successful producing standard parts at low cost or by producing highly specialized components. Small companies can compete effectively with large ones by producing specialized products or developing new applications. Technological expertise is extremely important. The industry is highly automated: average annual revenue per employee is about $300,000. To read the full description, subscribe now.
    Top Ovonyx, Inc. Competitors
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