Rambus settles patent infringement suit with SK Hynix - oneallaremas
Rambus has signed a $240 jillio unobstructed licensing agreement with SK Hynix, termination a nearly 13-year patent dispute between the two companies over memory-chip technology.
The 5-year correspondence settles all great disputes with SK Hynix, Daffo Fateful, president and CEO of Rambus, said during a group discussion bid happening Tuesday.
The agreement is part of Rambus' scheme to get together with industriousness to develop innovative technologies and potentially drive standards. The company which has indicated its preference to settle kind of than litigate, however said it would if needful "sharply fight down our IP."
Under the agreement, SK Hynix gets a five-year license to Rambus' computer storage and interface patents, and a fully freelance ascending permission going forward-moving for some selected DRAM products, Black said. In return, SK Hynix will be paying Rambus $12 million per quarter for the incoming basketball team years, opening from the third fourth of this twelvemonth.
Other footing of the agreement are secret, Rambus said. SK Hynix did not forthwith respond to a quest for comment.
Rambus continues to have manifest disputes in the field of DRAMs with Micron Engineering and with STMicroelectronics terminated system-on-chip technology. IT previously signed patent licensing agreements with a number of companies including LSI, Fujitsu Semiconductor, MediaTek, Nvidia and Samsung, some of which were in settlement of unmistakable disputes. The company said it looked forward to signing agreements with Micrometer and STMicroelectronics.
The U.S. Territorial dominion Court for the Northern District of California, Capital of Costa Rica sectionalisation in May imposed a pecuniary sanction on Rambus for $250 million for spoliation of evidence, in a case filed aside SK Hynix, then Hyundai Electronics Industries, in August 2000. SK Hynix sought a declaratory judgment that certain Rambus patents were invalid, unenforceable, or not infringed, while Rambus countersued for patent offence.
Source: https://www.pcworld.com/article/452374/rambus-settles-patent-infringement-suit-with-sk-hynix.html
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