Rambus Inc. announced on December 10, 2024, that it has extended its comprehensive patent license agreement with Micron Technology, Inc. for an additional five years. This extension ensures Micron's continued access to the Rambus patent portfolio through late 2029, maintaining the existing licensing terms.
Luc Seraphin, president and chief executive officer of Rambus, expressed satisfaction with the continuation of the strategic relationship with Micron. The agreement facilitates ongoing collaboration between the two companies, supporting future advancements within the semiconductor industry.
The extension of this patent licensing agreement is a key development for Rambus, providing a stable and predictable revenue stream from its intellectual property. This long-term commitment from a major industry player like Micron underscores the value and importance of Rambus's patent portfolio in the memory sector.
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