Apparently, Intel enjoys being screwed
Well, just when you THOUGH that you would be rid of that horrid technology known as RDRAM, Intel goes and renews its contract with rambus.
Intel and memory chip designer Rambus renewed their licensing pact Monday, a move that will likely give the memory company a much needed shot in the arm.
The new agreement, which supercedes the 1996 Intel-Rambus licensing agreement, grants Intel access to Rambus’ entire patent portfolio for five years. In turn, Intel has agreed to grant licenses for patents Rambus needs to build memory interface technology.
Intel will pay Rambus royalties of $10 million per quarter, Rambus CFO Bob Eulau said in a conference call with reporters and analysts.