Ovonyx, Inc. develops, commercializes, and licenses semiconductor and microelectronics memory technology to the semiconductor industry. It offers Ovonyx Phase Change Memory (PCM), a nonvolatile memory (NVM) technology for the design of semiconductor chips with embedded NVM. The company also focuses on the development and optimization of manufacturing processes and PCM device structures that are compatible with existing commercial memory products. In addition, it provides thin-film device and materials development services, including device prototyping, electrical testing, alternative materials deposition, and failure analysis services. The companys technology is used in NOR flash memory, unified memory, dynamic random access memory, NAND flash memory, field programmable logic device, and radiation-hard; and microprocessor, microcontroller, and system-on-a-chip embedded memory application