Rambus Inc. (RMBS) signed a five-year patent license agreement
with MediaTek Inc. (2454.TW), a move that follows the U.S.
International Trade Comission's rejection of Rambus's
patent-infringement claims against several chip makers, including
MediaTek.
The agreement covers the use of a broad range of integrated
circuit products offered by MediaTek, and both companies have also
settled all outstanding claims.
Further terms of the agreement are confidential.
Rambus disclosed late Friday that ITC Administrative Law Judge
Theodore R. Essex in his initial determination said technology
offered by LSI Corp. (LSI), MediaTek, STMicroelectronics NV (STM,
STM, FR, STM.MI) and other semiconductor companies didn't violate
patents held by Rambus, potentially depriving the technology
company of new revenue. Rambus had filed the patent complaints in
2010.
The company said a previous decision by Essex found Nvidia Corp.
(NVDA) infringed on three of its memory-controller patents, which
led to a five-year licensing deal reached last month. Terms of that
agreement also weren't disclosed.
Shares were recently trading down 5.6% at $6.43. The stock was
off 68% over the past year.
-By Melodie Warner, Dow Jones Newswires; 212-416-2283;
melodie.warner@dowjones.com