Rambus, Micron End 13-Year Feud With $280M Licensing Deal

Law360, New York (December 10, 2013, 2:37 PM ET) -- Longtime rivals Rambus Inc. and Micron Technology Inc. on Monday announced they have inked a broad patent cross-license agreement that definitively ends 13 years of patent and antitrust litigation, with Micron paying up to $280 million to Rambus over the next seven years.

Under the terms of the deal, Micron will have the right to use any Rambus patent for the manufacture of certain integrated circuit products, including any memory integrated circuits, the chipmakers said in a joint statement. Some of these memory products will also...
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