20th Jan 2010 07:30
Patent License Agreement with Rambus
On January 19, 2010, Samsung Electronics reached a patent license agreement on semiconductor technology with Rambus.
Details
- Contract Period : 5 years (January 19, 2010 ~ January 18, 2015)
- Contract Amount : Initial payment of USD 200 million plus quarterly payment of USD 25 million for five years
·; Samsung will invest USD 200 million in newly issued Rambus common shares to make the initial payment (share acquisition date: January 20, 2010)
*Pursuant to the agreement between the companies, all pending claims between Samsung and Rambus including the two lawsuits detailed in our disclosure dated June 24, 2005 will be dismissed or terminated.
Related Shares:
Samsung El.gdr