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03/22/05

Under the two-year agreement, announced Monday, Infineon will pay Rambus nearly $47 million for a global license to all existing and future Rambus patents and patent applications for use in Infineon products. The licensing fees, which will be paid on a quarterly basis beginning Nov. 15, will conclude in 2007. After that period, Infineon may make additional quarterly payments that can accumulate up to $100 million, provided other DRAM manufacturers enter into licensing arrangements with Rambus. "We are satisfied with these terms (of the settlement), and we believe they're in the best interest of our shareholders," Harold Hughes, Rambus' CEO, said during a conference call with analysts. However, "the terms of this agreement should not be extrapolated to future agreements with other companies and are unique to these circumstances."

Posted by GEN-ERIC at 12:05:56 am into the following categories: In The News


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