Feeds

Micron settles with Oracle in chip price-fixing case

Takes a hefty DRAM from can of legal whup-ass

The Essential Guide to IT Transformation

Chipmaker Micron Technology has reached a settlement with Oracle in a lawsuit the company brought over the price of memory.

Oracle alleged that Micron had conspired with four unnamed companies to inflate DRAM chip prices paid by Oracle's Sun Microsystems business from 1998 until at least 2002 and claimed damages.

Micron said that it had reached an agreement with Oracle to settle the case, but didn't directly disclose the terms of the settlement.

The memory firm saidthe settlement would impact its revenue and loss for the second fiscal quarter of 2012, increasing the loss by $58m to $282m.

"The full effect of the settlement on Micron's results of operations and financial position for the second quarter of fiscal 2012 will be provided in Micron's Form 10-Q," the firm said in a canned statement.

Oracle bought Sun in 2010. It had no comment on the settlement. ®

The Essential Guide to IT Transformation

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Microsoft says 'weird things' can happen during Windows Server 2003 migrations
Fix coming for bug that makes Kerberos croak when you run two domain controllers
Cisco says network virtualisation won't pay off everywhere
Another sign of strain in the Borg/VMware relationship?
VVOL update: Are any vendors NOT leaping into bed with VMware?
It's not yet been released but everyone thinks it's the dog's danglies
prev story

Whitepapers

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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.