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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.23-1.4%Dec 1 3:59 PM EST

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To: Rich1 who wrote (78576)9/17/2001 1:12:15 PM
From: Don Green  Read Replies (1) of 93625
 
Rambus signs new patent license agreement with Intel
By Jack Robertson, EBN
Sep 17, 2001 (8:05 AM)
URL: ebnews.com

Rambus Inc. and Intel Corp. Monday announced they have signed a new patent cross-licensing agreement that supercedes the companies' previous agreement, but the two firms provided no specific details as to what the new accord includes.

Analysts have speculated for months that Intel negotiated a new licensing pact with Rambus that removes the restrictions and penalties associated with Intel's support of double-data-rate (DDR) SDRAM memory, a rival memory interface to Rambus' Direct Rambus DRAM. Executives of the two companies Monday declined to disclose terms of the new deal.

Intel in the first quarter of 2002 is slated to start production shipments of a DDR-enabled version of its 845 chipset to support Penitum 4 processors. The company confirmed it has already delivered engineering samples of the DDR chipset to OEMs and motherboard makers to allow them to qualify the new units and introduce their own products early next year.

Such a move would have violated the original intent of Intel's previous Rambus licensing agreement, which prohibited Intel from supporting the DDR standard until 2003. Under that deal, such a move could have triggered provisions resulting in termination of the licensing pact or forced Intel to pay Rambus penalty fees.

The previous agreement also allowed Intel to acquire 4 million shares of Rambus stock at $2.50 each -- then a wildly attractive discounted price. To exercise that option, Intel had to meet several benchmark criteria, including shipping at least 33% of its chipsets supporting RDRAM in each of two consecutive quarters.
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