Crocus Technology, headquartered in Grenoble (France) with operations in the US and France, develops spintronics-based technologies.
Crocus used to develop MRAM technology, developed in the Grenoble-based Spintec research center, but in recent years Crocus Technology changed its focus on magnetic sensors.
In 2011 Crocus Technology established a joint-venture with Rusnano called Crocus Nanoelectronics (CNE). CNE is a 300-mm fab in Moscow, Russia, that is producing Crocus Technology's magnetic sensors and is also developing its own STT-MRAM technologies. Crocus Technology holds about 20% of Crocus NanoElectronics.