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Rambus settles patent infringement suit with SK Hynix |
June 12, 2013
Rambus has signed a US$240 million patent licensing agreement with SK Hynix, ending a nearly 13-year patent dispute between the two companies over memory-chip technology.The five-year agreement settles all outstanding disputes with SK Hynix, Ron Black, president and CEO of Rambus, said during a conference call on Tuesday.The agreement is part of Rambus' strategy to collaborate with industry to develop innovative technologies and possibly drive standards. The company which has indicated its preference to settle rather than litigate, however said it would if required "aggressively defend our IP."Under the agreement, SK Hynix gets a five-year license to Rambus' memory and interface patents, and a fully paid up license going forward for some selected DRAM products, Black said. In return, SK Hynix will be paying Rambus $12 million per quarter for the next five years, starting from the third quarter of this year.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2041491/rambus-settles-patent-infringement-suit-with-sk-hynix.html#tk.rss_all
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