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
- Flexible Pixel Processor Video IP
- Bluetooth Low Energy 6.0 Digital IP
- MIPI SWI3S Manager Core IP
- Ultra-low power high dynamic range image sensor
- Neural Video Processor 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
- Cyient Semiconductors Enters Strategic Channel Partnership with GlobalFoundries
- Aion Silicon Successfully Completes ISO 9001 and ISO/IEC 27001 Surveillance Audit, Strengthening Commitment to Quality and Security
- Baya Systems Awarded Globally Recognized ISO 9001:2015 Certification for Quality Management by TÜV Rheinland
- Si2 Announces Creation of the Si2 LLM Benchmarking Coalition
- Qualitas Semiconductor Signs Licensing Agreement with Chinese SoC Company for DSI-2 Controller and MIPI PHY IP