SK Hynix and Rambus Inc. have signed a $240M patent license agreement, ending years of legal
battle between them.
The agreement between South Korean semiconductor supplier Hynix and American technology licensing company Rambus includes a
license to certain DRAM (Dynamic Random Access Memory) products for payments of $12 million per quarter
for the next five years. Other terms of the agreement are confidential.
"This is a milestone agreement for both companies that puts years of
legal disputes behind us and gives us the opportunity for
collaboration," said Dr. Ron Black, president and chief executive
officer at Rambus. "With this agreement, we can focus more on engaging
with the industry as we work on future challenges where we can bring
invention and value to the market with superior solutions and products."
Rambus filed a patent lawsuit against the other party back in 2005. In September, a federal judge in
California ruled that Rambus' claims were valid and that
Hynix should pay royalties for past infringement.
Hynix and Rambus said they have settled all outstanding claims.
Post Page Advertisement [Top]
Hynix Rambus $240MHynix Rambus $240M newsHynix Rambus $240M Patent License AgreementHynix Rambus 240Mworld news
Hynix Rambus $240M Patent License Agreement Signed
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment