Samsung Settles With Rambus In Patent Dispute
Tackhead writes "After almost a decade of legal wrangling, Samsung has settled with Rambus over the antitrust case, regarding allegations of price-fixing for DDR and SDRAM memory, that was scheduled to proceed this month. (Here is a half-decade-old summary of the twists and turns of the case.) As part of the settlement, Samsung agrees to purchase $200M in Rambus stock, pays $200M in cash to Rambus, plus $25M per quarter for the next 5 years in licensing fees. No immediate word on the implications for Micron or Hynix."
Hey, where's my check for having to pay for all of this crap in the form of higher memory prices? So we have some elephant mating going on between Samsung and Rambus -- that's cool and all, I'm sure it'll be great for... innovation... or... something, but if there is evidence of price fixing then why is the government not asking for the terms of the settlement as proof of conspiracy to defraud and prosecuting? This isn't "self-regulation" of the market -- this is "let's get out of here before mom gets home".
#fuckbeta #iamslashdot #dicemustdie
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If you add up Samsung's payout on this deal, it's damn close to a billion US Dollars. Wow, it took some time, but I guess that patent trolling paid off for Rambus after all. They'd never raise that kind of money the old-fashioned way, by making products that people willingly buy.