Rambus, Hynix Ink $240M Deal Ending Patent Saga

Law360, Los Angeles (June 11, 2013, 9:09 PM EDT) -- Technology company Rambus Inc. and South Korean memory semiconductor supplier SK Hynix Inc. have signed a $240 million, five-year licensing agreement for the use of Rambus memory-related patent innovations in Hynix’s semiconductor products, settling all claims in their long-running patent dispute, Rambus announced Tuesday.

The announcement comes a month after a California federal judge hit Rambus with $250 million in sanctions for egregious evidence destruction in its patent case against Hynix, drastically reducing a $397 million judgment Rambus won in 2009. The fines came roughly two...
To view the full article, register now.