Feeds

Rambus tumbles in antitrust reversal

Micron and Hynix win Calif. court case

Choosing a cloud hosting partner with confidence

Rambus, the litigious memory tech firm, has taken a beating in the stock markets after losing a key case against Micron over price fixing and conspiracy charges.

Rambus had accused Micron and Hynix Semiconductor of fixing the memory market to keep Rambus technology priced out, and it was demanding nearly $4bn in direct damages, which under California law could be tripled before punitive damages were added. At close of day trading Rambus’ stock was down around 60 per cent on the verdict, while Micron’s rose by almost 25 per cent.

“We are disappointed with this verdict as we believe strongly in our case,” said Harold Hughes, Rambus CEO, in a statement. “We do not agree with several rulings that affected how this case was presented to the jury and we are reviewing our options for appeal.”

The seven-year court case came to its current conclusion in San Francisco County Superior Court after a three-month trial. The 12 jurors spent another eight weeks deliberating before deciding on a verdict by a vote of 9-3. Where’s Henry Fonda when you need him?

"We are very pleased that the jury considered all the evidence at issue in this case and determined that Rambus' allegations against the Company were completely without merit," said Steve Appleton, Micron's chairman. "The jury's verdict validates our assertion that Micron acted in accordance with the law and consistent with its values of innovation and fair competition in the marketplace."

Rambus suffered a major blow to its case when it was found to have shredded between 9,000 to 18,000lbs of documents during the case. Rambus originally brought the action from information obtained during the failed FTC case against it, over anti-trust charges. ®

Intelligent flash storage arrays

More from The Register

next story
Chipmaker FTDI bricking counterfeit kit
USB-serial imitators whacked by driver update
Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?
The Fourth Amendment... and it IS better
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Microsoft to enter the STRUGGLE of the HUMAN WRIST
It's not just a thumb war, it's total digit war
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.