Rambus announced the signing of a five-year patent license agreement with AMD which grants AMD a license to Rambus patents. AMD paid $75 million for this agreement which covers all chips except memory. The license includes Rambus patents used in the design of DDR2, DDR3, FB-DIMM, PCI Express and XDR( controllers as well as other current and future high-speed memory and logic controller interfaces.
The five-year term of the agreement carries the possibility of renewal or extension. Specific terms of the agreement are confidential.
"The license of our patent portfolio with AMD's demonstrated innovation in the microprocessor market is highly compelling," said Harold Hughes, chief executive officer at Rambus. "We are very pleased to start the new year with an agreement that reflects a new approach for pricing our controller licenses and to continue to provide the market with innovative high-speed chip interface technologies."