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Netlist, Incorporated, is an electronics device company.

History
Netlist was founded in late 2000 by Chun K. Hong, Jayesh Bhakta, and Christopher Lopes. The name refers to a "netlist" that specifies a set of connections for an electrical circuit, since its first business was providing contract services to design printed circuit boards.

After filing for an initial public offering first in August 2006, the company shares were listed on the NASDAQ stock exchange in November 2006, with the symbol NLST. Despite a series of operating losses since at least 2001, the IPO raised over $40 million. Most of the sales were to large customers, including Dell, IBM, and Lenovo. http://www.netlist.com/products/hypercloud/whitepapers/hcdimm_vs_lrdimm_whitepaper_march_2012.pdf

By mid-2007, falling memory prices caused the company to warn about reduced earnings. After Google had chosen a different vendor for a proposed project from 2006, Netlist claimed Google violated its patent on a memory module decoder. Google filed a preemptive suit over the patent in 2008, claiming it was invalid. A lawsuit settlement licensed patents from a short-lived startup called MetaRAM, which shut down in 2009. Reduced sales following the financial crisis of 2007–2008 caused the share price to drift down on very thin trading through 2009.

Netlist announced a product line called HyperCloud memory at the International Supercomputing Conference in November 2009. The modules allowed larger amounts of memory to be added to data center computers, compared to other techniques. The dense DDR3 SDRAM modules plugged into standard servers' memory slots, compared to extended memory technology used in the Cisco Unified Computing System models of the time, for example. In March 2010, a secondary public offering raised another $14 million. In May 2010, a trade secret lawsuit against Texas Instruments was settled.

At the ACM/IEEE Supercomputing Conference 2011 trade show, 16 GB modules at 1333 MT/s were demonstrated on servers from a company called Cirrascale. Modules of 32 GB each were announced at the end of 2011. http://blogs.wsj.com/venturecapital/2016/01/12/out-from-under-its-legal-troubles-diablo-gets-19-million/

HyperVault technology....

By August 2013, a lawsuit was filed against Diablo Technologies, after an anonymous letter was disclosed alleging trade secret misappropriation. A counter-suit was filed by Smart Modular Technologies (which licensed technology from Diablo ) against Netlist in 2014, with argument in November 2015. In 2016, the patent trial and appeal board dismissed the case in a mixed decision. Netlist was awarded $2 for improper use of a logo, while competing products from Diablo and SanDisk (which had acquired Smart) were allowed to ship.

After years of costly litigation and declining revenues, Samsung signed a joint development agreement (and investment) with Netlist in late 2015. The companies hoped to compete with the 3D XPoint technology announced by Intel and Micron Technology. A product called HybriDIMM was announced in August 2016. The technology was non-volatile memory, combining flash memory with random-access memory, using predictive algorithms to improve access times. In September 2016, as its shares hovered around the lower $1 limit, a secondary public offering was announced to raise $15 million.