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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: George the Greek who wrote (45715)	6/22/2000 8:14:00 PM
From: Don Green	Read Replies (1) \| Respond to of 93625

Just hit the press in Japan From Nikkei Shimbum Friday, June 23, 2000 Hitachi, Rambus Settle Patent Pact Suit MOUNTAIN VIEW, Calif. (Dow Jones)--Rambus Inc. (RMBS) ended its patent infringement law suit against Hitachi Ltd. (6501), with the signing of a patent license agreement. In a press release Thursday, Rambus said the agreement calls for Hitachi to pay an undisclosed settlement fee and quarterly royalty payments. The agreement involves patents for high-speed memory interfaces invented by Rambus and being implemented in various Hitachi products. As reported, Rambus initially filed the suit in the U.S. Federal District Court and in Mannheim, Germany, on January 18 seeking sales injunctions for products containing the disputed technology. On March 23, Rambus requested that the International Trade Commission investigate illegal importation and sale of Hitachi products cover by the patents. The suits also involved Sega Enterprises Ltd. (J.SEL), whose Dreamcast game system uses Hitachi microprocessors. Hitachi denied the allegations and mounted defenses and counterclaims against Rambus.