Business Mosaid may license Qimonda patents

Business Mosaid may license Qimonda patents

2013/08/15

Mosaid, the Canadian chip designer, is talking to the administrator of bankrupt DRAM maker Qimonda about licensing Qimonda’s patent portfolio.

The portfolio is comprised of approximately 7,500 patents and applications. The administrator and Mosaid will attempt to conclude the formal agreement by 31 December 2013 at the latest.

“This agreement with Mosaid does not affect the ongoing sales process regarding Qimonda’s patent business that is likely to be finalised by the end of this year”, said administrator Michael Jaffé, “but further exploring the opportunities of licensing the portfolio  represents an attractive alternative for the creditors in order to realize the significant value of the portfolio.”

John Lindgren, president and CEO of Mosaid, said “The Qimonda AG patent portfolio represents some of the industry’s most innovative work in semiconductor memory and semiconductor process technology.”

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