Samsung settles Rambus Lawsuit: 900 mill
Samsung Electronics Co. settled on a payout of $900 million over five years, resolving an old, and completely labyrinthine lawsuit with Rambus Inc. over their memory chips.
The two competitors, in addition to the settlement which involves stock buybacks and other sordid accounting payment details, also stated that they have signed a “memorandum of understanding” relating to “a new generation of memory technologies”. Mostly, its a diplomatic paeon which says theyre going to play nice on memory for graphic and mobile hardware, and in the future leaves open the possibility of a collaboration relating to high speed memory proccessing, aka, servers, SSD, and NAND memory applications. c’est la vie.