Samsung and Rambus Reach $900 Million Settlement Agreement

Paul_Lilly

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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