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Rambus (RMBS), MediaTek Enter 5-Year Patent License Agreement, All Outstanding Claims Settled

March 5, 2012 8:07 AM EST
Rambus Inc. (Nasdaq: RMBS), has signed a patent license agreement with MediaTek Inc.

This agreement covers the use of Rambus patented innovations in a broad range of integrated circuit (IC) products offered by MediaTek Inc. In addition, the two companies have settled all outstanding claims, including resolution of past use of Rambus’ patented innovations. The term of this patent license agreement is five years. Other terms of the agreement are confidential.


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