Rambus, Nvidia sign patent licensing deal

SUNNYVALE, Calif. (AP) ? Technology licensing company Rambus Inc. says it has signed a licensing agreement with chip maker Nvidia Corp. to settle a long-running patent dispute.

Financial terms of the five-year agreement were not disclosed. The deal allows Nvidia, which makes graphics chips and processors for PCs, tablets and other devices, to use Rambus’s technology in a broad range of its products.

Rambus CEO Harold Hughes says the license agreement is important as it settles the companies’ differences while allowing Rambus to move forward with a company he called the leader in visual and parallel computing.

Rambus sued Nvidia as early as 2008, when it claimed that six Nvidia product lines infringed its patents.

Nvidia said in a statement it is “pleased to settle these matters on terms that are fair and logical.