News

Neumonda brings Intelligent Memory to Americas and elects Mike Amidi as part of their executive management team

Lake Forest, California, March 8, 2022

Neumonda expands its Intelligent Memory (IM) subsidiary into the Americas by bringing in Mike Amidi as new member of its executive management team. The accomplished executive and veteran of the memory and storage industries with over 30 years of experience in DRAM and Flash product design and development will oversee all IM technologies that serve specifically the Industrial, Automotive, and Embedded markets.

Neumonda Brings Intelligent Memory to EMEA

Eschborn, Germany, January 11, 2022

Neumonda, a holding that governs the most complete specialty memory portfolio, has brought its subsidiary, Intelligent Memory (IM), the independent manufacturer of industrial grade memory solutions, to Europe. On January 1, 2022 Intelligent Memory EMEA officially started its sales operations in Germany covering Europe, the Middle East and Africa with the aim to expand its distribution network and provide local commercial as well as technical support for IM’s product portfolio.

MEMPHIS Electronic MBO (Management Buyout) to Drive Global Growth

Oberursel, Germany, November 16, 2021

In the company's 30th year of existence, the specialty memory distributor and memory module manufacturer, MEMPHIS Electronic, positions itself for global growth to address the current surge of specialty memory solutions market demand by an exemplary Management Buyout lead by Walden International, a global leading VC (Venture Capital) firm that specializes in technology investments. As part of this transaction, a new holding company called Neumonda has been established that governs the most complete specialty memory portfolio under its three separate entities.