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Monday, January 06, 2014
Rambus Signs Agreement with Samsung

Samsung Electronics and Rambus have signed a comprehensive 10-year license agreement.

The agreement extends the existing relationship between the companies, providing Samsung with access to Rambus' technologies for inclusion in Samsung ICs. The agreement requires quarterly royalty payments to Rambus of $15 million per quarter for the first five years, with an initial payment of $22 million for the fourth quarter of 2013. The companies said that payments in the second five-year period were variable and subject to market-related factors. The agreement further provides Samsung access to Rambus' security technologies in system devices such as smart phones, tablets, and set-top boxes. The agreement is set to terminate in 2023. Other terms and details were not disclosed confidential.

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