Micron Technology, Inc., (Nasdaq:MU) today announced it was named a winner in the Design Team of the Year category at last week's EE Times and EDN 2014 UBM Tech ACE Awards event. Micron and Altera Corporation were recognized for their collaborative work in developing the industry'sfirst working Hybrid Memory Cube (HMC) controller.

Manish Deo of Altera and Mike Black of Micron show off the award

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=24639

The ACE awards program honors the people and companies behind the technologies and products that are changing the world of electronics. Winners were announced at an awards ceremony on Tuesday, April 1, at The Fairmont San Jose during EE Live! The panel of independent judges was especially impressed with the creativity and persistence demonstrated by Micron and Altera in addressing a complex new system design for the benefit of their mutual customers.

"Micron and Altera have been collaborating on HMC technologies since 2009 and are very proud of the interoperability work that has led to the industry's first demonstration of a fully functional HMC controller," said Tom Eby, vice president of Micron's compute and networking business unit. "It's a great honor for the HMC Stratix V Interoperability Team to receive the award and to be recognized for this notable work."

HMC, which has been recognized as the long-awaited answer to address the limitations imposed by conventional memory technology, provides ultra-high system performance with significantly lower power per bit. HMC delivers up to 15 times the bandwidth of a DDR3 module and uses 70 percent less energy and 90 percent less space than existing technologies.

"We are continually amazed at the level of creativity in the design, innovation and technology exemplified by these award winners," said Patrick Mannion, VP, Brand Director, UBM Tech Electronics. "The ACE Awards celebrate the highest achievements in innovation and creativity in electronics design, and selecting one organization or individual that stands out above the rest is incredibly challenging. We are pleased to be able to celebrate their achievements."

A link to a video demonstrating HMC-Stratix V interoperability can be found at: http://www.micron.com/products/hybrid-memory-cube/short-reach-hmc.

A panel of EE Times and EDN editors narrowed down the entries to five finalists in each category, based on the criteria set forth in an online submission form. Judging took place between January 27, 2014, and February 24, 2014.

For more information on the awards program visit http://ubm-ace.com/.