Rambus and Samsung reach settlement agreement

Samsung will invest US$200 million in Rambus stock and pay around $700 million over the next five years

Samsung Electronics and Rambus on Tuesday announced they had settled outstanding claims over licensing, which should net Rambus more than US$700 million over the next five years.

As part of the settlement agreement, Samsung will make an initial payment to Rambus of US$200 million, and quarterly payments of about $25 million for the next five years. Samsung will additionally invest $200 million in Rambus stock.

Rambus is licensing existing memory technologies to Samsung for five years as part of the agreement, said Rambus executives on a Tuesday conference call to discuss the deal. Rambus develops technologies that enable high-speed memory architectures that it licenses to memory makers.

The licenses cover Rambus technologies used in existing Samsung semiconductor products including DRAM and flash products.

However, separate agreements may need to be signed by the companies to cover any new technology Rambus develops, said Sharon Holt, senior vice president of licensing and marketing at Rambus. But having the settlement agreement in place provides a backdrop for the companies to further cooperate with each other, she said.

Both the companies have also signed a memorandum of understanding to jointly develop memory technologies. The companies will initially focus on graphics and mobile memory solutions, and will review "a potential collaboration" on server and high-speed NAND flash memories, the companies said in a joint statement.

Bringing together Samsung's market share and Rambus' innovations in memory architectures "will make possible an exciting new generation of mobile, computing and consumer electronics products," said Harold Hughes, president and CEO of Rambus, in a statement.

Samsung and Rambus also said that they've agreed to end all litigation against each other.

The companies have been involved in long-running disputes over patent infringement as well as antitrust issues.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags rambuspc componentssamsungdram

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?