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Message: $240 million - Rambus settles patent infringement suit with SK Hynix

Jun 11, 2013

"Rambus has signed a $240 million patent licensing agreement with SK Hynix, ending a nearly 13-year patent dispute between the two companies over memory-chip technology."

"The U.S. District Court for the Northern District of California, San Jose division in May imposed a monetary sanction on Rambus for $250 million for spoliation of evidence, in a case filed by SK Hynix, then Hyundai Electronics Industries, in August 2000. SK Hynix sought a declaratory judgment that certain Rambus patents were invalid, unenforceable, or not infringed, while Rambus countersued for patent infringement."

"Rambus had alleged that SK Hynix had infringed its patents on its DDR SDRAM and DDR SDRAM technologies.

However, a court later ruled that Rambus had shredded 300 boxes of documents relating to that case. The US District Court for the Northern District of California, San Jose division, stung Rambus with $250m in sanctions as a result."

Rambus paying their own 240 mill settlement?

Looks like hocus- pocus to me.

doni



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