Wednesday, January 20th, 2010...11:45 pm
(Multiroom audio video) Samsung Electronics To Pay Rambus $200 Million In Patent Settlement (Nasdaq)
More info…
Samsung Electronics Co. (SSNHY, 005930.SE) will pay $200 million to Rambus Inc. (RMBS) and buy $200 million of the memory-chip designer’s shares as part of a settlement of all legal claims between the companies.
(AFX UK Focus) 2010-01-20 18:27 UPDATE 1-Rambus shares surge on settlement with Samsung (Interactive Investor)
SAN FRANCISCO, Jan 20 (Reuters) – Shares of memory chip-designer Rambus Inc jumped 14 percent Wednesday after news of a settlement with Samsung Electronics Co Ltd that could be worth $900 million to Rambus over the next five years. Los Altos-based Rambus accused Samsung, Micron Technology Inc and Hynix Semiconductor Inc of colluding to fix prices, hurting sales of Rambus’ RDRAM memory chips for …
Multi Room Music Systems
