Judge Dismisses Rambus Claims Against Infineon
May 4, 2001
RAMBUS (RMBS) shares tumbled Friday after a federal judge in Richmond, Va., dismissed the remaining patent infringement claims Rambus had brought against Infineon Technologies (IFX).
In September, Rambus, a semiconductor-design firm, filed lawsuits in Germany and Virginia claiming certain Infineon computer-memory devices infringed on four Rambus patents.
Earlier this week, the court dismissed 54 of the 57 patent infringement claims that Rambus had brought against the German company. Friday, it granted Infineon's petition to dismiss the remaining claims.
In a press release, Rambus Chief Executive Geoff Tate said the company was disappointed by the court's decision and planned an appeal. It still intends to pursue lawsuits it has brought against Infineon and other semiconductor makers relating to other Rambus patents.
Shares of Rambus fell on the Nasdaq Stock Market before being halted from trading as news of the ruling was spread by Morgan Stanley analyst Mark Edelstone. He downgraded his rating on Rambus because of the decision.
In addition to this case, Rambus said there are a dozen U.S. and European patents involved in other infringement cases pending against Infineon, Hyundai Electronics Industries and Micron Technology (MU).
Rambus said it will continue to fight to protect its intellectual property, and intends to pursue several other related cases vigorously, including a trial against Infineon in Germany currently scheduled for May 18.
Rambus also holds newly issued U.S. and European patents covering Rambus inventions used by SDRAMs and DDR SDRAMs that aren't involved in litigation and aren't impacted by the court's decision.
"It is our right, and indeed our obligation to our shareholders, to take all appropriate measures to protect our patented innovations," said CEO Tate. "Though Rambus is a relatively small company, we will not be cowed by the aggressive tactics of some industry giants who would take our innovations without any compensation."
Fuer mich Grund genug bei Rambus auszusteigen, die bekommt man nach dem
downgrading weitaus guenstiger.
Stox
May 4, 2001
RAMBUS (RMBS) shares tumbled Friday after a federal judge in Richmond, Va., dismissed the remaining patent infringement claims Rambus had brought against Infineon Technologies (IFX).
In September, Rambus, a semiconductor-design firm, filed lawsuits in Germany and Virginia claiming certain Infineon computer-memory devices infringed on four Rambus patents.
Earlier this week, the court dismissed 54 of the 57 patent infringement claims that Rambus had brought against the German company. Friday, it granted Infineon's petition to dismiss the remaining claims.
In a press release, Rambus Chief Executive Geoff Tate said the company was disappointed by the court's decision and planned an appeal. It still intends to pursue lawsuits it has brought against Infineon and other semiconductor makers relating to other Rambus patents.
Shares of Rambus fell on the Nasdaq Stock Market before being halted from trading as news of the ruling was spread by Morgan Stanley analyst Mark Edelstone. He downgraded his rating on Rambus because of the decision.
In addition to this case, Rambus said there are a dozen U.S. and European patents involved in other infringement cases pending against Infineon, Hyundai Electronics Industries and Micron Technology (MU).
Rambus said it will continue to fight to protect its intellectual property, and intends to pursue several other related cases vigorously, including a trial against Infineon in Germany currently scheduled for May 18.
Rambus also holds newly issued U.S. and European patents covering Rambus inventions used by SDRAMs and DDR SDRAMs that aren't involved in litigation and aren't impacted by the court's decision.
"It is our right, and indeed our obligation to our shareholders, to take all appropriate measures to protect our patented innovations," said CEO Tate. "Though Rambus is a relatively small company, we will not be cowed by the aggressive tactics of some industry giants who would take our innovations without any compensation."
Fuer mich Grund genug bei Rambus auszusteigen, die bekommt man nach dem
downgrading weitaus guenstiger.
Stox
