Rambus says FTC has dropped antitrust claims

May 14, 2009 By ANDREW VANACORE , AP Business Writer

(AP) -- Rambus Inc. said Thursday that the Federal Trade Commission has dropped its claim that the memory chip company violated antitrust laws in patenting technologies that were eventually incorporated into industry standards.

The company's shares jumped 9 percent in morning trading.

Rambus has fought a series of legal battles over patents, which generate most of its revenue. Chip manufacturers forced to pay royalties to Rambus have accused the company of quietly seeking rights to memory chip technology in the 1990s even as it participated in an industry standards-setting body.

Last year Rambus won a crucial jury ruling. In that case, Rambus was cleared of antitrust charges in a lawsuit brought by chip makers Micron Technology Inc., Inc. and Nanya Technology Corp.

Like the FTC, the companies charged Rambus with deliberately withholding information from the Joint Engineering Council (JEDEC), which counted Rambus as a member as it established guidelines for the industry.

A U.S. District Court affirmed the jury's decision in March, saying Rambus had no clear obligation to disclose pending or future patent applications while it held a spot on the council.

Los Altos, Calif.-based Rambus has consistently denied wrongdoing. The company's general counsel, Thomas Lavelle, said in a statement Thursday, "We are pleased to have finally put this matter behind us."

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: The New York Times to cut 100 newsroom jobs

add to favorites email to friend print save as pdf

Related Stories

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.

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.

Rambus licenses Cell BE chips to IBM

Mar 17, 2006

Rambus has licensed chip technology to IBM for use in the production of Cell Broadband Engine (Cell BE) processors for computers and consumer electronics.

Rambus Unveils Micro-Threading in DRAM Cores

Apr 05, 2005

Delivers up to 4x Performance Improvement in 3D Graphics and Other Applications Rambus Inc., one of the world's premier technology licensing companies specializing in high-speed chip interfaces, today unveiled an architect ...

Recommended for you

The New York Times to cut 100 newsroom jobs

15 minutes ago

The New York Times Co. says it is cutting about 100 newsroom jobs through buyouts and layoffs in an effort to trim costs and focus more on its digital efforts.

What's PayPal's first solo move?

19 hours ago

PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challeng ...

AOL to feed more video, news to Microsoft's MSN

Sep 30, 2014

AOL will provide Microsoft's MSN with more video and additional news stories from popular sites such as The Huffington Post and TechCrunch in an expansion of a deal aimed at selling more digital advertising.

User comments : 0