Samsung Electronics Settles Patent Infringement Litigation with Rambus; Will Pay $200 Million

Submitted by patentadmin on Thu, 01/21/2010 - 09:04

January 21, 2010 - Samsung Electronics Co. and Rambus, Inc. have settled all patent litigation between the two companies.

The patents under which Samsung will be taking a license cover all of Samsung's semiconductor products.

Under the terms of the agreement, Samsung will pay $200 million to Rambus, plus buy $200 million of Rambus' shares and make $25 million quarterly royalty payments to the memory-chip designer for the next five years under a patent license.

But that's not all: the two companies will also collaborate on a new generation of memory technologies, beginning with graphics and mobile memory chips and possibly moving on to server and high-speed NAND flash-memory chips used in MP3 players and digital cameras.