Summary
NVIDIA Corporation (NVDA) has announced the termination of its memory controller patent license agreement with Rambus Inc., effective February 7, 2012. This termination is part of a broader agreement that settles all outstanding patent disputes between the two companies and grants NVIDIA a license to use Rambus's patented innovations in its products. This resolution is a significant development as it removes a long-standing area of legal uncertainty and potential financial liability for NVIDIA, allowing the company to move forward with greater clarity on its intellectual property landscape.
Key Highlights
- 1NVIDIA has terminated its memory controller patent license agreement with Rambus Inc.
- 2The termination is effective as of February 7, 2012.
- 3This action is part of a comprehensive settlement agreement between NVIDIA and Rambus.
- 4The settlement includes a new license for NVIDIA to utilize Rambus's patented innovations in its products.
- 5All outstanding claims between NVIDIA and Rambus have been resolved.
- 6This resolves a significant legal and financial uncertainty for NVIDIA regarding patent disputes with Rambus.