Rambus and Micron Technology said Monday the companies had signed a broad patent cross-license agreement, giving Micron the right to use any Rambus patent for the manufacture of specified integrated circuit products, including memories.
The deal between the two companies is part of Rambus’ stated strategy to collaborate with the industry to develop innovative technologies and possibly drive standards. The company which has indicated its preference to settle rather than litigate, however said earlier this year it would if required “aggressively defend our IP.”
The agreement settles all outstanding patent and antitrust claims between the two companies, and also covers products from Elpida, a DRAM maker which Micron acquired earlier this year.
Under the agreement which ends nearly 13 years of litigation between the two companies, Micron will pay Rambus quarterly royalty payments over the next seven years capped at US$10 million per quarter, for a total of about $280 million.