Mosaid Settles With 2 Defendants In DRAM Dispute

Law360, New York (February 4, 2008, 12:00 AM EST) -- Canadian Semiconductor company Mosaid Technologies Inc. has reached a settlement with two of the four defendants it accused of infringing its patents covering dynamic random access memory technology.

Under the terms of the settlement, Taiwan-based ProMOS Technologies Inc. was granted a six-year royalty-bearing license under Mosaid's patents for all DRAM products sold worldwide under ProMOS' name, Mosaid said Monday.

The agreement also called for Taiwan-based Mosel Vitelic Inc., which no longer manufactures DRAM products, to make a single lump-sum payment to Mosaid.

The financial terms of...
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