Swissbit buys German memory controller designer December 11, 2020 // By Nick Flaherty
European memory device maker Swissbit has bought Hyperstone, a German specialist supplier of flash memory controllers, to develop embedded IoT and security devices
Swissbit Holding AG is the only independent European maker of industrial memory systems such as SD and microSD memory cards, SSD hard disks and USB memory modules as well as hardware-based security solutions for applications in the Internet of Things (IoT).
The purchase of Hyperstone GmbH from CML Microsystems in the UK still has to be approved by the regulators. Hyperstone s existing management team around Managing Director Dr Jan Peter Berns will invest in the group as part of the transaction and will hold a minority stake.