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   Date: 21st Jan 2010

Samsung and Rambus settle their patent related disputes and claims

Samsung Electronics and Rambus have signed a comprehensive agreement to settle all claims between them. 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 five years.

In addition, Samsung and Rambus have signed a memorandum of understanding (MOU) relating to a new generation of memory technologies. The two companies will initially focus on graphics and mobile memory solutions and will further review a potential collaboration on server and high-speed NAND Flash memories.

"We have a tremendous opportunity to renew a partnership which has created solutions that have benefited consumers worldwide," said Harold Hughes, President and CEO of Rambus. "Bringing together Samsung's market and technology leadership with our innovations for high-performance and high-efficiency memory architectures will make possible an exciting new generation of mobile, computing and consumer electronics products."

          
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