MOSAID and Samsung Enter Standstill Agreement
OTTAWA, Ontario – Jan 04, 2010 - MOSAID Technologies Inc. (TSX:MSD) today announced that it has entered into an 19-day standstill agreement with Samsung Electronics Co., Ltd. MOSAID and Samsung have successfully negotiated a new agreement, that is subject to approval by both companies' Boards of Directors on or before January 18, 2010.
"The standstill agreement was put in place to cover the period between the expiration of our existing semiconductor agreement with Samsung on December 31, 2009, and the expected approval of the new agreement by Samsung's Board of Directors," said John Lindgren, President and CEO, MOSAID.
About MOSAID
MOSAID Technologies Inc. is one of the world’s leading intellectual property companies. MOSAID develops semiconductor memory technology and licenses patented intellectual property in the areas of semiconductors, and wired and wireless communications systems. MOSAID counts many of the world's largest semiconductor companies among its customers. Founded in 1975, MOSAID is based in Ottawa, Ontario.
For more information, visit www.mosaid.com.
Related Semiconductor IP
- Specialized Video Processing NPU IP for SR, NR, Demosaic, AI ISP, Object Detection, Semantic Segmentation
- Ultra-Low-Power Temperature/Voltage Monitor
- Multi-channel Ultra Ethernet TSS Transform Engine
- Configurable CPU tailored precisely to your needs
- Ultra high-performance low-power ADC
Related News
- MOSAID Announces Three Senior Appointments
- MOSAID Introduces Industry's First Double Data Rate (DDR) SDRAM Physical Interface (PHY) Compiler
- MOSAID Announces Changes to Board of Directors
- IP business model 'broken,' says exec
Latest News
- Siemens accelerates integrated circuit design and verification with agentic AI in Questa One
- Weebit Nano achieves record half-year revenue; licenses ReRAM to Tier-1 Texas Instruments
- IObundle Releases Open-Source UART16550 Core for FPGA SoC Design
- Rapidus Secures 267.6 Billion Yen in Funding from Japan Government and Private Sector Companies
- DNP Invests in Rapidus to Support the Establishment of Mass Production for Next-Generation Semiconductors