Thursday, January 21, 2010

Samsung and Rambus sign agreement to settle all claims

SEOUL, SOUTH KOREA & LOS ALTOS, USA: Samsung Electronics and Rambus have reached an agreement settling all claims between them and licensing Rambus’ patent portfolio covering all Samsung semiconductor products including a perpetual fully paid-up license to certain current DRAM products.

As part of the overall agreement, Samsung will invest $200 million in Rambus stock. Other consideration to Rambus includes an initial payment of $200 million and a quarterly payment of about $25 million for the next five years.

In addition, Samsung and Rambus have signed a memorandum of understanding (MoU) relating to a new generation of memory technologies which brings together Samsung’s leadership in memory technologies with Rambus’ innovations in high performance memory interfaces. The two companies will initially focus on graphics and mobile memory solutions and will further review a potential collaboration on server and high-speed NAND Flash memories.

Both Samsung and Rambus said they are pleased to resolve their differences and move forward.

“We have a tremendous opportunity to renew a partnership which has created solutions that have benefited consumers worldwide,” said Harold Hughes, President and CEO of Rambus. “Bringing together Samsung’s market and technology leadership with our innovations for high-performance and high-efficiency memory architectures will make possible an exciting new generation of mobile, computing and consumer electronics products.”

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