Rambus has secured a patent licensing agreement with Broadcom over the use of integrated circuit (IC) technology, marking yet another of the company's lucrative deals.
Broadcom, which makes semiconductors for the wireless and broadband communications industry, agreed to pay intellectual property holder Rambus to use its patented IC technology for the next five years.

The deal also resolves all outstanding claims between the two companies, including a lawsuit Rambus filed against Broadcom for alleged patent infringement last December.

“We are pleased to have reached this agreement with Broadcom, a global leader in the semiconductor industry,” said Sharon Holt, senior vice president and general manager of the Semiconductor Business Group at Rambus. “We are committed to continuing the development of innovative technologies to help our licensees deliver great products to the market.”

Rambus has gained a questionable reputation in the industry for its numerous lawsuits against chipmakers, including Samsung and Nvidia. In a rare twist of fate Rambus was forced to pay out $10.85 million earlier this week over incorrectly dated and accounted for stock option grants.

The financial details of the Broadcom deal were not disclosed, but it likely involved a large up front payment to settle the outstanding legal dispute and a yearly fee to continue using the technology.


Read more: Rambus and Broadcom sign patent licensing agreement by VR-Zone.com