Feeds

SK Hynix coughs $240m to settle Rambus IP case

Thanks for the memory...

Boost IT visibility and business value

South Korean chip-maker SK Hynix has signed a five-year licensing deal worth $240m to settle an ongoing patent infringement lawsuit brought against it by intellectual property licensing firm Rambus.

Hynix and Rambus have signed a five-year DRAM product licensing deal for Hynix to use computer memory IP from Rambus, and settled all outstanding claims.

The deal includes Hynix paying Rambus $12m per quarter for the next five years. Other aspects of the settlement are not being disclosed.

Rambus, a serial and largely successful litigator in defence of its memory chip intellectual property (IP) was due to receive around $400m in licence revenue from SK Hynix after winning a patent infringement lawsuit against the South Korean firm.

Rambus had alleged that SK Hynix had infringed its patents on its DDR SDRAM and DDR SDRAM technologies.

However, a court later ruled that Rambus had shredded 300 boxes of documents relating to that case. The US District Court for the Northern District of California, San Jose division, stung Rambus with $250m in sanctions as a result.

Commenting on the settlement, Rambus CEO and president Ron Black said: “With this agreement, we can focus more on engaging with the industry as we work on future challenges where we can bring invention and value to the market with superior solutions and products.” ®

Boost IT visibility and business value

More from The Register

next story
Pay to play: The hidden cost of software defined everything
Enter credit card details if you want that system you bought to actually be useful
HP busts out new ProLiant Gen9 servers
Think those are cool? Wait till you get a load of our racks
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
Community chest: Storage firms need to pay open-source debts
Samba implementation? Time to get some devs on the job
Like condoms, data now comes in big and HUGE sizes
Linux Foundation lights a fire under storage devs with new conference
Silicon Valley jolted by magnitude 6.1 quake – its biggest in 25 years
Did the earth move for you at VMworld – oh, OK. It just did. A lot
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.