Federal Trade Commission Dismisses Case Against Rambus.
LOS ALTOS, Calif. -- Rambus Inc. (Nasdaq:RMBS), one of the world's premier technology licensing companies specializing in high-speed memory architectures, today announced that the Federal Trade Commission (FTC FTC
See Federal Trade Commission (FTC). ) has issued an order dismissing the remainder of its case against Rambus. This follows a recent denial of the Commission's request for certiorari with the United States Supreme Court United States Supreme Court: see Supreme Court, United States. to review the Rambus case and brings the seven-year matter to a close.
"We are pleased to have finally put this matter behind us," said Thomas Lavelle, senior vice president and general counsel at Rambus. "Rambus has prevailed on similar JEDEC-related claims at the Court of Appeals for the Federal Circuit, in front of a jury, and before a federal district court. The FTC's decision to drop its remaining JEDEC-related claim against us was the right one."
In its order, the FTC indicated it would not pursue further proceedings against Rambus in this matter, stating "the Commission finds that further litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.
When a person begins a civil lawsuit, the person enters into a process called litigation. in this matter would not be in the public interest."
The FTC originally brought charges against Rambus in 2002 relating to Rambus' 1992-1995 participation in an industry standard setting committee, the Joint Electron Device Engineering Council ("JEDEC The division of the Electronic Industries Alliance (EIA) that deals with semiconductor standards (officially, the JEDEC Solid State Technology Association of EIA). JEDEC was formed in 1958 when the Joint Electron Tube Engineering Council (JETEC) split into two Joint Electron Device "). A three-month trial was held in the spring of 2003 before then Chief Administrative Law Judge administrative law judge n. a professional hearing officer who works for the government to preside over hearings and appeals involving governmental agencies. They are generally experienced in the particular subject matter of the agency involved or of several agencies. (ALJ) Stephen McGuire, who issued his initial decision exonerating Rambus with over 1,600 findings of fact findings of fact n. (See: finding) in its favor in early 2004. The FTC's own Complaint Counsel appealed the ALJ's decision to the full Commission, which reversed the ALJ and found Rambus liable for violating Section 2 of the Sherman Act. Following Rambus' appeal of that decision, the Court of Appeals for the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). (CADC) vacated the FTC orders and the Supreme Court denied the Commission's request for review.
About Rambus Inc.
Rambus is one of the world's premier technology licensing companies specializing in the invention and design of high-speed chip architectures. Since its founding in 1990, the Company's patented innovations, breakthrough technologies and renowned integration expertise have helped industry-leading chip and system companies bring superior products to market. Rambus' technology and products solve customers' most complex chip and system-level interface challenges enabling unprecedented performance in computing, communications and consumer electronics applications. Rambus licenses both its world-class patent portfolio as well as its family of leadership and industry-standard interface products. Headquartered in Los Altos, California Los Altos (IPA: [lɔs ɑltos]) is a city at the southern end of the San Francisco Peninsula, in the San Francisco Bay Area. The city is in Santa Clara County, California, United States. , Rambus has regional offices in North Carolina, India, Germany, Japan and Taiwan. Additional information is available at www.rambus.com.