Volume VIII

Issue : 3: February 4, 2010

• Canadas Privacy Commissioner to investigate Facebook
• Cyrillic and Arabic Domain Names Get Clearance
• Samsung and Rambus Partner to Settle Litigation
• Microsoft Sues TiVo for Patent Infringement Relating to DVR Products
• Motorola Asks ITC to Ban RIMs U.S. Imports Amid Licensing Impasse
• Verizon Adopts Graduated Response Against Illegal Downloaders
• Apple in Trademark Dispute Over iPad

Home > Volume VIII > Issue 3: February 4, 2010 > Samsung and Rambus Partner to Settle Litigation

Samsung and Rambus Partner to Settle Litigation

Samsung Electronics Co. was recently sued by Rambus Inc. in connection with the infringement of certain patents relating to its memory chips. The two companies settled the lawsuit in late January, 2010. Under the terms of settlement, Samsung is to make an up-front cash payment of $200 million, purchase $200 million worth of Rambus’ stock, and make subsequent quarterly payments of $25 million over the next five years.

In addition, the companies have entered into an agreement to co-operate in the future to create a new generation of memory chip technology using both of the companies’ expertise and patented technologies. This work will focus on both mobile technologies as well as graphics applications. In the future, the companies also plan to collaborate on server chips and other technology based on flash memory.

For additional information, visit:

http://tinyurl.com/yc3agzd