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Rambus royalties jump 88% sequentially fiscal quarter
By Semiconductor Business News
July 18, 2000 (8:26 p.m. EST)
URL: http://www.eetimes.com/story/OEG20000718S0054
MOUNTAIN VIEW, Calif.-- Rambus Inc. posted record revenues of $17.8 million in its fiscal third quarter, ended June 30, which was an increase of 67% from $10.6 million in the period last year and 13% higher than $15.7 million in the prior quarter. Rambus said royalties in the just-ended quarter were $6.6 million, an increase of 265% from last year and 88% sequentially from the prior quarter. Rambus said the third-quarter results did not include royalties from non-Rambus ICs. In June, the company struck new licensing agreements with Toshiba Corp. and Hitachi Ltd. to collect royalties for high-speed interfaces on memories and controllers that do not conform to the Direct Rambus DRAM architecture. The company is also negotiating with other memory suppliers to collect royalties for double data rate (DDR) memories and fast synchronous DRAMs (see June 23 story).