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Samsung to pay Rambus $900M settlement

Posted: 22 Jan 2010 ?? ?Print Version ?Bookmark and Share

Keywords:Samsung Rambus settlement? memory? patent?

Samsung Electronics and Rambus have reached an agreement that settles all the claims between the two companies. This includes the licensing of Rambus' patent portfolio covering all Samsung semiconductor products, including a perpetual fully paid-up license to certain current DRAM products and an investment of $200 million in Rambus stock by Samsung. Other consideration to Rambus include an initial payment of $200 million and a quarterly payment of about $25 million for the next five years.

Samsung and Rambus have also signed a memorandum of understanding relating to a new generation of memory technologies which brings together Samsung's leadership in memory technologies with Rambus' innovations in high performance memory interfaces. The two companies will initially focus on graphics and mobile memory solutions and will further review a potential collaboration on server and high-speed NAND Flash memories.

Both Samsung and Rambus said they are pleased to resolve their differences and move forward.

"We have a tremendous opportunity to renew a partnership which has created solutions that have benefited consumers worldwide," said Harold Hughes, President and CEO of Rambus. "Bringing together Samsung's market and technology leadership with our innovations for high-performance and high-efficiency memory architectures will make possible an exciting new generation of mobile, computing and CE products."

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