Rambus Signed Patent License Agreement with Toshiba!
Shares od RMBS increased $0.97 (+5.17%), up to $19.74 in early today trading.
Rambus Inc. (Nasdaq:RMBS) is one of the world’s premier technology licensing companies. Founded in 1990, the Company specializes in the invention and design of architectures focused on enriching the end-user experience of electronic systems. Rambus’ patented innovations and breakthrough technologies help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions. Headquartered in Sunnyvale, California, Rambus has regional offices in North Carolina, Ohio, India, Germany, Japan, Korea, and Taiwan.
RMBS has announced it has renewed its patent license agreement with Toshiba Corporation. This five year agreement covers Toshiba’s products with DRAM memory controllers for SDR, DDR, DDR2, DDR3, and other DRAM devices. Rambus will receive royalty payments based on the shipment of these memory controllers.
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