Rambus Signs Patent License Agreement with AMD; Agreement for $75M over Five Years Covers All Chips Except Memory
The five-year term of the agreement carries the possibility of renewal or extension. Specific terms of the agreement are confidential.
“We are very pleased to start the new year with an agreement that reflects a new approach for pricing our controller licenses and to continue to provide the market with innovative high-speed chip interface technologies.”
"The license of our patent portfolio with AMD's demonstrated innovation in the microprocessor market is highly compelling," said Harold Hughes, chief executive officer at Rambus. "We are very pleased to start the new year with an agreement that reflects a new approach for pricing our controller licenses and to continue to provide the market with innovative high-speed chip interface technologies."
Since its founding in 1990, Rambus has focused on advancing electronic system performance through innovations in logic and memory interfaces, controller architectures, and system design. The result is a broad portfolio of innovations and patents that enables semiconductor manufacturers and system designers to achieve ever-increasing levels of functionality and performance, to lower system costs, to mitigate risk with silicon-proven designs, and to reduce time to market. For more information on Rambus' patent portfolio, please visit www.rambus.com/products/innovationslicensing/.
About Rambus Inc.
Rambus is one of the world's premier technology licensing companies specializing in the invention and design of high-speed chip interfaces. Since its founding in 1990, the company's innovations, breakthrough technologies and integration expertise have helped industry-leading chip and system companies solve their most challenging and complex I/O problems and bring their products to market. Rambus' interface solutions can be found in numerous computing, consumer, and communications products and applications. Rambus is headquartered in Los Altos, California, with regional offices in Chapel Hill, North Carolina; Bangalore, India; Taipei, Taiwan; and Tokyo, Japan. Additional information is available at www.rambus.com.
XDR is a trademark and Rambus is a registered trademark of Rambus Inc. Other trademarks that may be mentioned in this release are the intellectual property of their respective owners.
(1) PCI Express is a trademark of the PCI Express Special Interest Group (PCI-SIG). AMD is a licensed trademark of Advanced Micro Devices, Inc.
This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995, such as the statement related to the possible effect that this licensing agreement will have positive material impact on Rambus' revenues and as to the beneficial nature of the extended agreement. Such forward-looking statements are based on current expectations, management's beliefs, and certain assumptions made by the Company's management. Actual results may differ materially. Among the reasons that could cause actual results to differ materially are: AMD's sales, strength of the memory controller market and other factors that are described more fully in our SEC filings including our 10-K and 10-Qs.