Feeds

Toshiba puts Lexar royalties spat to bed

Cost: $288m

Next gen security for virtualised datacentres

Toshiba has settled its rancorous NAND flash memory lawsuit with Lexar, but at a hefty price.

It is coughing up $288m to Micron, Lexar's new owner, and in return getting some semiconductor patents and licenses previously owned by Lexar. In a press statement announcing the ending of pending litigation between the two firms, Toshiba EVP Masahi Muromachi hailed Micron's positive spirit, which enabled "the parties to work together to bring all outstanding litigation and claims to a full and final resolution".

The settlement will go down a treat at Micron, which shelled out $680m in stock this year to buy Lexar. Micron is happy enough to sue rival memory makers, but in this case it had little stomach for a fight. Says Micron boss Steve Appleton: "We have enjoyed a strong relationship with Toshiba for a number of years, have the highest respect for Toshiba as an innovator in flash technology and see no merit in continuing to pursue this litigation."

Tosh's relationships with Lexar were anything but strong. In March 2005, the Superior Court of California awarded the small American company $485m in damages and royalties against Toshiba, for misappropriating trade secrets. A furious Toshiba vowed to fight the "unjust [and] erroneous" verdict and in December last year won the right to a re-trial. Toshiba says it invented NAND flash memory. But Lexar accused Toshiba of using its technology to get NAND Flash chips to work reliably.

According to Lexar, Toshiba gained access to the information after taking a seat on Lexar's board (courtesy of a $3m investment in 1997). ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
End of buttons? Apple looks to patent animating iPhone sidewalls
Filing suggests handset with display strips
Samsung Gear S: Quick, LAUNCH IT – before Apple straps on iWatch
Full specs for wrist-mounted device here ... but who'll buy it?
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Now that's FIRE WIRE: HP recalls 6 MILLION burn-risk laptop cables
Right in the middle of Burning Mains Man week
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
Reg man looks through a Glass, darkly: Google's toy ploy or killer tech specs?
Tip: Put the shades on and you'll look less of a spanner
HUGE iPAD? Maybe. HUGE ADVERTS? That's for SURE
Noo! Hand not big enough! Don't look at meee!
AMD unveils 'single purpose' graphics card for PC gamers and NO ONE else
Chip maker claims the Radeon R9 285 is 'best in its class'
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.