Rambus reports AMD extended its patent license agreement through the third quarter of 2015:
Rambus Inc. (Nasdaq:RMBS), one of the world’s premier technology licensing companies, today announced Advanced Micro Devices, Inc. (NYSE:AMD) has renewed its patent license agreement. The original term of AMD’s agreement runs through the end of September this year. The renewal extends the patent license through the third quarter of 2015. Under the agreement, Rambus granted AMD a patent license for its integrated circuit and circuit board products. Under the agreement, AMD will continue to pay Rambus a license fee that will be determined at the end of 2010. This license fee is payable each year in quarterly installments.
“We are pleased with AMD’s decision to renew and look forward to further opportunities to align the interests of our companies,” said Sharon Holt, senior vice president of Licensing and Marketing at Rambus. “This agreement will continue to provide AMD customers the full benefit of licensed products using our patented innovations to enrich the consumer experience of electronic systems.”
Since its founding, Rambus has focused on advancing electronic system performance through innovations in memory and logic interfaces, memory architectures, and system design. The result is a broad portfolio of patented innovations that enables semiconductor manufacturers and system designers to achieve higher performance and lower costs with faster time to market. For more information on Rambus’ portfolio of patented innovations, please visit www.rambus.com/products/innovationslicensing/.