RMBS--Friday July 28, 3:05 am Eastern Time
Company Press Release
OKI and Rambus Sign Patent License Agreement for SDRAM & DDR SDRAM Memory and Controllers
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--June 28, 2000--Rambus Inc. (Nasdaq:RMBS - news) today announced Oki Electric Industry Co., Ltd. and Rambus Inc. have signed a new patent license agreement for SDRAM, Double Data Rate (DDR) SDRAM memory and controllers.
The agreement covers patents for fundamental aspects of high-speed memory invented by Rambus, which are currently being implemented in SDRAM and DDR SDRAM memory and controllers.
Under the licensing agreement, the royalty rates for DDR SDRAM and the DDR controllers are greater than the RDRAM compatible rates. The agreement also includes royalties for SDRAM and logic that controls SDRAM, as well as a license fee for the entire agreement.
``This agreement ensures that Oki has rights to these important Rambus patents which are necessary for current and future memory and logic products,'' said Dr. Masayoshi Ino, managing director of Oki Electric.
OKI is a $5.6 Billion conglomerate with over $1 Billion in semiconductor sales. The company ranks as the tenth largest DRAM supplier, according to CMP's ``Top Semiconductor Supplier'' 1999 report dated June 12, 2000, with approximately $450M in DRAM sales revenue.
``Rambus develops and licenses IP -- our objective is to produce innovations that will benefit the semiconductor and systems industries, and by licensing these innovations to generate a return on investment to our shareholders,'' said Geoff Tate, Rambus' chief executive officer. ``We believe our Rambus solution is the best for the majority of the market. Developing, marketing and implementing Rambus memory has been and remains our top priority. But we are willing to license our IP for other memory solutions as well.''
About Oki
Founded more than a century ago in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer headquartered in Tokyo, Japan. With more than 20,000 employees worldwide, Oki Electric provides customers with top-notch products and technologies for telecommunication systems, information systems and electronic devices through its corporate slogan ``Oki, Network Solutions for a Global Society.'' Oki's all manufacturing facilities are ISO9001 and ISO14001 certified. Visit Oki's global web site at oki.com.
About Rambus
Rambus Inc. (Nasdaq:RMBS - news) is an intellectual property company that designs, develops and licenses high-bandwidth chip-connection technologies which enable semiconductor memory devices to keep pace with faster generations of processors and controllers. To date, these efforts have resulted in more than 95 U.S. and foreign patents issued to Rambus. Rambus has licensed its technology to approximately 30 semiconductor companies for the development, manufacture and sale of Rambus-compatible ICs. Providers of Rambus-based integrated circuits include the world's leading DRAM, ASIC, controller and microprocessor manufacturers. There are more than 100 Rambus based systems shipping today, including Dell, Compaq, Hewlett-Packard, and IBM PCs and workstations and the Sony PlayStation(r)2 video game system. More information on Rambus Inc. and its high bandwidth technologies is available at rambus.com
Note to Editors: Rambus and RDRAM are registered trademarks of Rambus Inc. |
