Samsung, Rambus reach 900-million-dollar settlement

Jan 19, 2010
Samsung Electronics and Rambus reached a 900-million-dollar settlement on Tuesday to patent claims filed against the South Korean giant by the US memory chip company.

Samsung Electronics and Rambus reached a 900-million-dollar settlement on Tuesday to patent claims filed against the South Korean giant by the US memory chip company.

Samsung and Rambus said the agreement includes an initial payment by Samsung to Rambus of 200 million dollars and quarterly payments of 25 million dollars over the next five years.

In addition, Samsung will invest 200 million dollars in Rambus stock, they said in a statement.

Samsung and Rambus said the two companies had also agreed to a new licensing agreement for Rambus graphics and mobile memory solutions.

"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 consumer electronics products," Rambus chief executive Harold Hughes said.

Shares in Los Altos, California-based gained 8.61 percent to 22.95 dollars in after-hours electronic trading.

Explore further: IBM buys small Denver startup AlchemyAPI to expand Watson

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.

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 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 says FTC has dropped antitrust claims

May 14, 2009

(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.

Rambus settles EU antitrust probe, avoids fines

Jun 12, 2009

(AP) -- Memory chip company Rambus Inc. said Friday that European Union antitrust regulators had provisionally agreed to drop a probe and any fines if the company reduced its royalty rates for DRAM memory chip patents.

Recommended for you

Visa, MasterCard moving into mobile pay in Africa

Mar 03, 2015

Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want to get a slice of that market, and are ...

User comments : 0

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.