Feeds

Rambus tumbles in antitrust reversal

Micron and Hynix win Calif. court case

Security for virtualized datacentres

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. ®

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Monitors monitor's monitoring finds touch screens have 0.4% market share
Not four. Point four. Count yer booty again, Microsoft
Getting to the BOTTOM of the great office seating debate
Belay that toil, me hearty, and park your scurvy backside
Hey, Mac fanbois. HGST wants you drooling over its HUGE desktop RACK
What vast digital media repository could possibly need 64 TERABYTES?
In a spin: Samsung accuses LG exec of washing machine SABOTAGE
Rival electronic giant tries to iron out allegations
Your chance to WIN the WORLD'S ONLY HANDHELD ZX SPECTRUM
Reg staff not allowed to enter, god dammit
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.