Samsung and Rambus Sign Comprehensive Agreement
SEOUL, KOREA and LOS ALTOS, CALIFORNIA, – 01/19/2010 – Samsung Electronics and Rambus (NASDAQ:RMBS) announced today that they have reached agreement settling all claims between them and licensing Rambus’ patent portfolio covering all Samsung semiconductor products including a perpetual fully paid-up license to certain current DRAM products. As part of the overall agreement, Samsung will invest $200M in Rambus stock. Other consideration to Rambus includes an initial payment of $200M and a quarterly payment of about $25M for the next