MOSAID and IBM Sign Patent License Agreement, Resolve Patent Litigation Suit
OTTAWA, ONTARIO-- Dec. 16, 2010 -- MOSAID Technologies Inc. (TSX:MSD) today announced that it has entered into a patent license agreement with IBM Corporation (NYSE:IBM) of Armonk, New York. A separate settlement agreement effectively ends the pending litigation between MOSAID and IBM.
Under the terms of the non-exclusive worldwide patent license agreement, IBM receives a five-year license to certain of MOSAID patents. IBM's processor and Application Specific Integrated Circuit (ASIC) products that contain embedded DRAM are licensed under the agreement. IBM will make a series of fixed payments to MOSAID during the term of the agreement. All other terms of the patent license and settlement agreements are confidential.
About MOSAID
MOSAID Technologies Inc. is one of the world's leading intellectual property companies. MOSAID licenses patented intellectual property in the areas of semiconductors and telecommunications systems, and develops semiconductor memory technology. MOSAID counts many of the world's largest technology companies among its licensees. Founded in 1975, MOSAID is based in Ottawa, Ontario. For more information, please visit www.mosaid.com and InvestorChannel.mosaid.com.
Related Semiconductor IP
- NPU IP Core for Mobile
- NPU IP Core for Edge
- Specialized Video Processing NPU IP
- HYPERBUS™ Memory Controller
- AV1 Video Encoder IP
Related News
- Core Wireless Announces Patent License Agreement With Global Consumer Electronics Manufacturer
- Conversant Announces Semiconductor Patent License Agreement With SK hynix
- Conversant Announces Semiconductor Memory Patent License Agreement With Toshiba
- Rambus and Micron Extend Patent License Agreement
Latest News
- Jim Keller: ‘Whatever Nvidia Does, We’ll Do The Opposite’
- FlexGen Streamlines NoC Design as AI Demands Grow
- IntoPIX Presents Its New Titanium Software Suite: Empowering AV-Over-IP Workflows With Speed, Quality & Interoperability
- Global Semiconductor Sales Increase 2.5% Month-to-Month in April
- Speedata Raises $44M to Launch First-Ever Chip Designed Specifically for Accelerating Big Data Analytics - Compute's Second Largest Workload