Rambus Buys Patents for LED, LCD Technologies
Rambus adds more patents to its stable.
We all know Rambus best for its RDRAM technologies, but today the company is branching out further.
Rambus, claiming itself as one of the world’s premier technology licensing companies, today announced it has acquired technology and a portfolio of advanced lighting and optoelectronics patents from Global Lighting Technologies Inc. (GLT) for $26 million. Through this agreement, Rambus has acquired 84 issued patents.
A key application area for the acquired innovations is LED backlighting of LCD, which are increasingly pervasive in LCD displays for computers, mobile phones, gaming systems and HDTVs.
Twelve people will join Rambus from GLT including Jeff Parker, GLT’s co-founder, former chief executive officer and principal inventor. Most of those joining from GLT will form a new Lighting Technology Division led by Mr. Parker.
"Rambus’ long history of creating and licensing leadership solutions makes it the ideal home for this advanced lighting and optoelectronics technology," said Jeff Parker, senior vice president Lighting Technology Division of Rambus. "There are tremendous business and technical synergies created by this acquisition. Rambus’ extensive system and integration expertise greatly complements our new LED-based solutions for bright, thin and vibrant displays."
Read more here on the new technology that Rambus acquired.
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Let the suing begin!
patent trolls....
patent trolls....
Well said!
So what this all boils down to is Rambus can't market memory, so it buys patents and charges everyone royalties just to keep itself afloat?