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The Almighty Buck

Submission + - Rambus can continue to collect patent royalties

The Empiricist writes: Rambus can continue to collect royalties for patents based on U.S. Application 07/510,898 and other patents Rambus filed before June 18, 1996. In February the FTC issued an order capping the royalties Rambus could collect for various memory chips to 0.25%-1%, for up to three years. On March 16th, the FTC granted a stay allowing Rambus to continue collecting royalties exceeding these rates while Rambus appeals the February FTC ruling. Rambus must place excess royalties into an escrow account. If Rambus loses its appeal, the excess royalties must be returned to the patent licensees.

"You stay here, Audrey -- this is between me and the vegetable!" -- Seymour, from _Little Shop Of Horrors_

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