Settles all outstanding disputes and creates opportunities for
collaborative engagements
SUNNYVALE, Calif. & TAOYUAN, Taiwan--(BUSINESS WIRE)--
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 Rambus
Darah Roslyn or Anna Vaverka, 415-512-0770
rambus@schwartzmsl.com
Source: Rambus Inc.
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