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4DS Memory enters key collaboration and is set to boost funds

The halt will remain in place until Friday 3rd November 2017.

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The company's shares are in pre-open

4DS Memory Ltd (ASX:4DS) is a semiconductor development company of non-volatile memory technology.

The company has entered an agreement with imec to develop a transferrable production-compatible process flow for its Interface Switching ReRAM technology and to demonstrate this process on imec’s megabit test chip.

imec is a research and innovation hub in nanoelectronics and digital technologies.

In other news, 4DS Memory has been granted a trading halt by the ASX this morning pending details of a capital raising.

The halt will remain in place until the opening of trade on Friday 3rd November 2017, or earlier if an announcement is made to the market.

Quick facts: 4DS Memory Ltd

Price: 0.065 AUD

ASX:4DS
Market: ASX
Market Cap: $85.13 m
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