Rambus sues for $1bn
California lawyers are smiling...
Posted in Financial News, 6th May 2004 09:03 GMT
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Rambus is claiming $1bn in damages from four big chip makers: Infineon, Hynix, Micron Technologies and Siemens AG.
The civil anti-trust case accuses the four of working together against Rambus. Rambus' general counsel said: "We believe that these memory manufacturers colluded illegally, thereby limiting consumer choice and depriving our RDRAM products of the opportunity to compete fairly in the marketplace."
Specifically, Rambus accuses the four of conspiring to fix prices and restrict output, conspiring to create a monopoly and unfair competition. More details here.
The case relies partly on documents unearthed by the Federal Trade Commission during its case against Rambus. The FTC is currently appealing a decision made in February to drop the case.
Rambus licenses its chip technology to various manufacturers and has a long history of robust relations with manufacturers. Many chip makers complained Rambus royalty demands were too high. ®
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