Feeds

Micron settles with Oracle in chip price-fixing case

Takes a hefty DRAM from can of legal whup-ass

Next gen security for virtualised datacentres

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
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft: Azure isn't ready for biz-critical apps … yet
Microsoft will move its own IT to the cloud to avoid $200m server bill
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Death by 1,000 cuts: Mainstream storage array suppliers are bleeding
Cloud, all-flash kit, object storage slicing away at titans of storage
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
VMware vaporises vCHS hybrid cloud service
AnD yEt mOre cRazy cAps to dEal wIth
El Reg's virtualisation desk pulls out the VMworld crystal ball
MARVIN musings and other Gelsinger Gang guessing games
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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
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.
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?