Rambus, Nvidia sign patent licensing deal

Feb 08, 2012

Technology licensing company Rambus Inc. said Wednesday it has signed a licensing agreement with chip maker Nvidia Corp. to settle a long-running patent dispute.

Financial terms of the five-year agreement were not disclosed. The deal allows Nvidia, which makes and processors for PCs, tablets and other devices, to use Rambus's technology in a broad range of its products.

"This is an important license agreement as it settles our differences and allows us to move forward with Nvidia, the leader in visual and ," said Harold Hughes, president and CEO of Rambus, in a statement.

Rambus sued Nvidia as early as 2008, when it claimed that six Nvidia product lines infringed its patents.

Nvidia said in a statement it is "pleased to settle these matters on terms that are fair and logical to us."

The shares of both companies advanced in the wake of the settlement.

Shares of Sunnyvale, Calif.-based Rambus rose 66 cents, or 8.7 percent, to $8.21 in morning trading. The stock has traded in the 52-week range of $4 and 22.20.

Shares of Santa Clara, Calif.-based Nvidia rose 57 cents, or 3.6 percent, to $16.31. The stock has traded between $11.47 and $26.01 in the past year

Explore further: Sony's quarterly loss balloons on mobile woes

3 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Rambus signs licensing deal with AMD

Jan 03, 2006

Rambus said Tuesday it has signed a five-year licensing agreement with Advanced Micro Devices, giving AMD a license to Rambus patents.

Calif. jury rejects Rambus antitrust claims

Nov 16, 2011

(AP) -- A California jury denied Rambus Inc. billions of dollars in damages as it determined that chip-makers Micron Technology Inc. and Hynix Semiconductor Inc. didn't conspire to fix prices of memory chips in order to ...

Rambus grants Toshiba new patent license

Jul 06, 2006

High-speed chip interface licensing company Rambus Inc. announced Wednesday it has signed a new patent license agreement with Toshiba Corporation.

Nvidia, AMD shares jump after Intel scraps chip

Dec 07, 2009

(AP) -- Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics chip that would have challenged both companies.

Recommended for you

Sony's quarterly loss balloons on mobile woes

12 hours ago

Sony's losses ballooned to 136 billion yen ($1.2 billion) last quarter as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink.

Will Apple Pay be mobile pay's kick-start?

20 hours ago

If anyone can get us to use our smartphones as wallets, it's Apple. That's what experts think about the recent launch of Apple Pay, the first mobile wallet to work on an iPhone.

Google execs discuss regulation, innovation and bobble-heads

22 hours ago

Eric Schmidt and Jonathan Rosenberg help run Google, one of the world's best-known, most successful - and most controversial - companies. They've just published a new book, "How Google Works," a guide to managing what they ...

LinkedIn reports 3Q loss but sales climb

23 hours ago

LinkedIn Corp. posted a third-quarter loss on Thursday, but its results were better than expected as revenue grew sharply, sending shares of the online professional networking service higher in extended trading.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

Royale
not rated yet Feb 08, 2012
"Technology licensing company Rambus". Is this all it was when RDRAM came out? They were a licenser, not a developer? That's interesting news to me if true.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.