Agreement extended for a third five-year term
SUNNYVALE, Calif.--(BUSINESS WIRE)--
Rambus
Inc. (NASDAQ:RMBS) today announced that it has extended its patent
license agreement with Advanced Micro Devices, Inc. (NASDAQ:AMD). Under
the terms of the agreement, AMD will continue to be licensed for its
integrated circuit and circuit board products for an additional five
years. Specific terms of the agreement are confidential.
"We are pleased to have reached agreement with AMD for this extension,"
said Luc Seraphin, senior vice president and general manager of the
Memory and Interfaces division at Rambus. "This extension represents the
third continuous agreement we've signed with AMD, which showcases the
continued value our IP provides to the industry."
Rambus develops enhanced, industry-compliant chipsets, custom memory and
serial link technologies, and services to address power, performance,
and capacity challenges for the mobile, connected device, and Big Data
cloud computing markets. Rambus also drives innovations in silicon to
cloud security and computational sensor technologies, making digital
products safer and better.
Follow Rambus:
Company website: rambus.com
Rambus blog: rambusblog.com
Twitter: @rambusinc
LinkedIn: www.linkedin.com/company/rambus
Facebook: www.facebook.com/RambusInc
About Rambus Inc.
Rambus creates cutting-edge semiconductor and IP products, spanning
memory and interfaces to security, smart sensors and lighting. Our
chips, customizable IP cores, architecture licenses, tools, services,
training and innovations improve the competitive advantage of our
customers. We collaborate with the industry, partnering with leading
ASIC and SoC designers, foundries, IP developers, EDA companies and
validation labs. Our products are integrated into tens of billions of
devices and systems, powering and securing diverse applications,
including Big Data, Internet of Things (IoT), mobile, consumer and media
platforms. At Rambus, we are makers of better. For more information,
visit rambus.com.
RMBSFN
View source version on businesswire.com: http://www.businesswire.com/news/home/20160125005528/en/
Racepoint Global
Hilary Costa, 415-694-6705
hcosta@racepointglobal.com
Source: Rambus Inc.
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