Rambus Renews Patent License Agreement With Panasonic - Quick Facts

(RTTNews) - Rambus Inc. (RMBS) announced that Panasonic Corp. (PCRFY.PK, PCRFF.PK) has renewed its patent license agreement. Specific terms of the agreement are confidential.

Under terms of the five-year extension of Panasonic's agreement, Rambus will license Panasonic a broad range of technologies to cover products that include SoCs with DRAM memory controllers.

"We are pleased to extend our long-standing relationship with Panasonic, a global leader in the electronics industry," said Luc Seraphin, senior vice president and general manager of the Memory and Interfaces Division at Rambus. "This expanded license agreement with Panasonic demonstrates continued relevance of our innovative technology and IP."