Rambus Inks Licensing Deal With Fujitsu
Rambus has signed a technology licensing pact with Fujitsu that could be worth up to $198 million. The five-year deal covers all segments of Fujitsu’s business, including semiconductors and computer systems, representing the latest step in Rambus’ efforts to extend its licensing business beyond manufacturers of DRAM memory chips.
The deal “marks our first system-level patent license and another important milestone in validating the contribution of our patented inventions,” Rambus CEO Harold Hughes said in a statement. Shares of Rambus were recently up 3.2%, or $1.07, to $34.60. News of the deal comes a few days after Rambus inked a separate licensing agreement with IBM in which IBM’s Cell BE processor will incorporate Rambus’ high-speed XDR memory interface technology.
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