Rambus and Nanya Sign Patent License Agreement
March 23 2014 - 8:45PM
Business Wire
Settles all outstanding disputes and creates
opportunities for collaborative engagements
Rambus Inc. (NASDAQ:RMBS), the innovative technology solutions
company, and Nanya Technology Corporation, the industry leading
pure-play consumer memory company, today announced they have signed
a broad five-year patent license agreement. This agreement allows
for the use of certain high-performance, low-power patented
innovations developed by Rambus in Nanya DRAM products and enables
future technology collaboration. Under this agreement, Rambus and
Nanya have settled all outstanding claims, providing Nanya with
access to certain memory-related Rambus innovations through the
second quarter of 2018. Other terms of the agreement are
confidential.
“This milestone agreement with Nanya marks a new era at Rambus
where we have no outstanding litigation and can focus 100 percent
on working closely with customers to solve technology challenges,”
said Dr. Ron Black, president and chief executive officer of
Rambus. “The same inventiveness and entrepreneurialism that drove
our technology contributions to modern memory architectures and
into the market are being applied to new technology challenges in
memory and interface, security, and the Internet of Things
architecture and design. This is an exciting time to be at
Rambus.”
“We are pleased to put this matter behind us and explore
mutually beneficial engagement opportunities to improve our
products with Rambus technologies,” said Charles Kau, president of
Nanya.
The licensing agreement with Nanya not only enables the use of
certain Rambus memory-related innovations for a period of five
years, but also opens the door for the two companies to collaborate
on memory and interface technologies, which are critical to meeting
the emerging power and performance requirements of device-driven
markets like mobile and cloud.
About Rambus Inc.
Rambus brings invention to market. Our customizable IP cores,
architecture licenses, tools, services, and training improve the
competitive advantage of our customer’s products while accelerating
their time-to-market. Rambus products and innovations capture,
secure and move data. For more information, visit rambus.com.
About Nanya Technology Corporation
Nanya Technology Corporation, a member of the Formosa Plastics
Group, is the industry leading pure-play consumer memory company,
focusing on research and development, design, manufacturing, and
sales of consumer and low power DRAM products. Nanya plans to
enlarge market share in the high value-added DRAM market segment.
NTC’s common stock is traded on the Taiwan Stock Exchange
Corporation (TWSE) under the 2408 symbol. The company currently
owns a 300mm fabrication facility in Taiwan and started its 30nm
stack process technology mass production in 2012. The company also
has a 300mm joint venture, Inotera Memories, Inc., which operates
two 300mm fabrication facilities in Taiwan. Further information is
available at nanya.com
RMBSFN
Schwartz MSL for RambusDarah Roslyn or Anna Vaverka,
415-512-0770rambus@schwartzmsl.com
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