Micron, Rambus End Long-Running Legal Battles

Micron Technology Inc. and Rambus Inc. said they have ended a series of court battles that stretched for 13 years, with Micron agreeing to pay up to $280 million to Rambus over seven years.

The deal announced late Monday gives Micron, one of the biggest makers of memory chips, rights to use Rambus patents in certain products. The companies said they agreed to drop all pending litigation.

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