Samsung and Rambus Reach $900 Million Settlement Agreement
Samsung and Rambus Reach $900 Million Settlement Agreement
Posted 01/20/2010 at 9:45am
| by Paul Lilly
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If at first you don't succeed, sue, sue again. The reason? You might score a $900 million settlement, just as sue-happy Rambus did after years of litigation over memory patents. And this could be just the beginning, but more on that in a moment.
Under terms of the agreement, Samsung will pay Rambus $200 million upfront, followed by quarterly payments in the neighborhood of $25 million over five years. Samsung also agreed to purchase $200 million worth of Rambus stock, bringing the final tally to $900 million.
The settlement puts to rest a long-standing dispute over DRAM technology licenses, and going forward, the two companies have agreed to collaborate on a new generation of memory technologies, including graphics and mobile memory, and potentially server and high-speed NAND flash chips, CNet reports.
While this represents a major payday for Rambus, there could be more to come. The company is still going after Micron, Hynix, and Nanya.
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Cache
January 20, 2010 at 12:01pm
Well, at least we all know the REAL reason why RAM prices are going up.
FRAGaLOT
January 20, 2010 at 10:48am
Rambus still exists? Suing over a 10+ year old technology that was
overpriced crap even back then? Why are they suing over such an old
technology that's was ubiqudus at the time that everyone was using it.
I don't belive they invented the technology they are suing over. So now
they want to colaborate on "new" technology when they haven't been
developing any technology in the past decade, but file law suits.
Screw RAMBUS.
quickone
January 20, 2010 at 11:09am
HUA
~~The difference between insanity and genius is merely succes~~
quickone
January 20, 2010 at 11:04am
Damn patent troll, Microsoft has a patent on the Page Up key and
Home key as well as many others on every keyboard but they're not suing
the crap out of everyone. When a company exists and does not
produce, just sits on a disputed patent and makes all its income from
lawsuits it should no longer exist. Patent were made to foster new ideas, not put a choke-hold on other companies and consumersSamsung
and the other memory companies should just buy out the company, it
would be cheaper then the lawer fees Rambus has caused.
~~The difference between insanity and genius is merely succes~~
nekollx
January 20, 2010 at 9:26am
Rambus used Payday!
It's SUPER EFFECTIVE!
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