Friday, December 23rd 2011
Rambus Signs Patent Deal with Broadcom, Ends One More Litigation
If you're Rambus then this is the season to be… making money through settlements. That's right, the XDR creator has scored a new out-of-court victory as Broadcom has agreed to sign a patent license agreement that spans five years.
"We are pleased to have reached this agreement with Broadcom, a global leader in the semiconductor industry," said Sharon Holt, senior vice president and general manager of the Semiconductor Business Group at Rambus. "We are committed to continuing the development of innovative technologies to help our licensees deliver great products to the market."
As a reminder, just about a year ago Rambus filed complaints against Broadcom and various other companies, accusing them of infringing on its Dally and Barth family patents. Rambus took action both with the US ITC (International Trade Commission) and the United States District Court for the Northern District of California and asked for a sales and importation ban on infringing products, and of course, for monetary damages. As a result of the settlement, Rambus is dropping all charges against Broadcom.
Rambus and Broadcom did not disclose the financial details of their settlement.
"We are pleased to have reached this agreement with Broadcom, a global leader in the semiconductor industry," said Sharon Holt, senior vice president and general manager of the Semiconductor Business Group at Rambus. "We are committed to continuing the development of innovative technologies to help our licensees deliver great products to the market."
As a reminder, just about a year ago Rambus filed complaints against Broadcom and various other companies, accusing them of infringing on its Dally and Barth family patents. Rambus took action both with the US ITC (International Trade Commission) and the United States District Court for the Northern District of California and asked for a sales and importation ban on infringing products, and of course, for monetary damages. As a result of the settlement, Rambus is dropping all charges against Broadcom.
Rambus and Broadcom did not disclose the financial details of their settlement.
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