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Rambus found not guilty of fraud

Shares soar by 52% as Dramurai groan in disbelief
Wed Jan 29 2003, 19:29
INTELLECTUAL MEMORY COMPANY Rambus has won a victory as an appeals court rejected a ruling it had committed fraud by a lower court, in a case versus Infineon, and presided over by His Honour Judge Payne.

Shares of RMBS soared on the news and it leaves the company open to re-sue Infineon and fend off an anti-trust complaint from the US Federal Trade Commission (FTC).

Rambus is seeking nearly a billion dollars worth of royalties from memory firms (the Dramurai) over SDRAM and DDR (double data rate) memory. It claims that memory companies using DDDR owe it royalties. A number of Dramurai has already agreed the patents belong to it.

According to Bloomberg wires, an appeals court in the Fed Circuit said Rambus had done no wrong.

Further, Rambus won't have to pay Infineon $7 million in legal fees. Last time we looked, RMBS was flying high at $11.41, up from its opening position in the day of $7.39.

The full judgement is here. ยต

See Also
Bloomberg Tech Susan Decker's piece - external
Doctrine of "unclean hands" affects Rambus-FTC case
Rambus alleges DRAM conspirators forced Intel to choose DDR
Rambus to pursue Dramurai until they're in "death spiral"
Rambus wins, loses in Virginia
Payne slaps infinite lawsuit on Rambus
Dell to dump RDRAM
Rambus improves 100% - Mark Twain proved right
Rambus bestrides memory world like an arrogant colossus Jack Snaps

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