LOS ALTOS, Calif., May 14, 2009 (BUSINESS WIRE) -- Rambus Inc. (Nasdaq:RMBS), one of the world's premier technology
licensing companies specializing in high-speed memory architectures,
today announced that the Federal Trade Commission (FTC) has issued an
order dismissing the remainder of its case against Rambus. This follows
a recent denial of the Commission's request for certiorari with the
United States Supreme Court to review the Rambus case and brings the
seven-year matter to a close.
"We are pleased to have finally put this matter behind us," said Thomas
Lavelle, senior vice president and general counsel at Rambus. "Rambus
has prevailed on similar JEDEC-related claims at the Court of Appeals
for the Federal Circuit, in front of a jury, and before a federal
district court. The FTC's decision to drop its remaining JEDEC-related
claim against us was the right one."
In its order, the FTC indicated it would not pursue further proceedings
against Rambus in this matter, stating "the Commission finds that
further litigation in this matter would not be in the public interest."
The FTC originally brought charges against Rambus in 2002 relating to
Rambus' 1992-1995 participation in an industry standard setting
committee, the Joint Electron Device Engineering Council ("JEDEC"). A
three-month trial was held in the spring of 2003 before then Chief
Administrative Law Judge (ALJ) Stephen McGuire, who issued his initial
decision exonerating Rambus with over 1,600 findings of fact in its
favor in early 2004. The FTC's own Complaint Counsel appealed the ALJ's
decision to the full Commission, which reversed the ALJ and found Rambus
liable for violating Section 2 of the Sherman Act. Following Rambus'
appeal of that decision, the Court of Appeals for the District of
Columbia (CADC) vacated the FTC orders and the Supreme Court denied the
Commission's request for review.
About Rambus Inc.
Rambus is one of the world's premier technology licensing companies
specializing in the invention and design of high-speed chip
architectures. Since its founding in 1990, the Company's patented
innovations, breakthrough technologies and renowned integration
expertise have helped industry-leading chip and system companies bring
superior products to market. Rambus' technology and products solve
customers' most complex chip and system-level interface challenges
enabling unprecedented performance in computing, communications and
consumer electronics applications. Rambus licenses both its world-class
patent portfolio as well as its family of leadership and
industry-standard interface products. Headquartered in Los Altos,
California, Rambus has regional offices in North Carolina, India,
Germany, Japan and Taiwan. Additional information is available at www.rambus.com.
RMBSLN
SOURCE: Rambus Inc.
Rambus Public Relations
Linda Ashmore, 650-947-5411
lashmore@rambus.com
Copyright Business Wire 2009