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The Man Who Saw TomorrowThe Life and Inventions of Stanford R. Ovshinsky$
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Lillian Hoddeson and Peter Garrett

Print publication date: 2018

Print ISBN-13: 9780262037532

Published to MIT Press Scholarship Online: September 2019

DOI: 10.7551/mitpress/9780262037532.001.0001

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Deaths, Survivals, and Revivals

Deaths, Survivals, and Revivals

(p.285) Epilogue: Deaths, Survivals, and Revivals
The Man Who Saw Tomorrow

Lillian Hoddeson

Peter Garrett

The MIT Press

Reckless financing for expansion by its new management led ECD to file for bankruptcy in February 2012. That failure also ended Ovshinsky’s solar power effort. Work on his nickel metal hydride batteries, however, was continued by BASF, which purchased the Ovonic Battery Company. The batteries continue to be used widely, including in hybrid cars like the Toyota Prius. Ovonyx was sold to Micron, and phase-change memory has now been developed by an Intel-Micron collaboration resulting in the recent memory device called 3D Xpoint, poised to become an important addition to information technology. Ovshinsky Innovation ended its work soon after Ovshinsky’s death, but a small new company has revived the name of Ovshinsky Innovation and is continuing some of Ovshinsky’s work.

Keywords:   ECD bankruptcy, BASF, Ovonyx, 3D Xpoint memory, Ovshinsky Innovation

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