Storage solutions provider Seagate Technology has entered into a joint development and licensing agreement with memory technology provider Samsung Electronics.

 Under the terms of agreement, the two companies will jointly develop and cross-license related controller technologies for solid state drive ('SSD') storage devices to attain efficient performance, reliability and endurance demanded by enterprise storage applications.

 The joint development agreement builds on existing SSD capabilities of each company while combining Seagate's enterprise storage technology with Samsung's flash memory technology specific to 30 nanometer-class MLC NAND.

 "Overall, this agreement with Samsung strengthens our SSD solutions strategy, and positions Seagate well as global demand for storage continues on its strong growth path," said Steve Luczo, Seagate chairman, president and CEO.

 "We are pleased to be jointly developing a high-performance SSD controller with Seagate for the enterprise storage market," said Dr. Changhyun Kim, senior vice president and Samsung Fellow, Memory product planning & application engineering, Semiconductor Business, Samsung Electronics.