General Mosaid may license Qimonda patents

General Mosaid may license Qimonda patents

2013/08/15

Mosaid, the Canadian chip designer, is talking to the 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 Mosaidwill attempt to conclude the formal agreement by December 31, 2013, latest.

“This agreement with Mosaid does not affect the ongoing sales process regarding Qimonda’s patent business that is likely to be finali by the end of this year”, says Administrator Dr. Michael Jaffé, “but further exploring the opportuniti es 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, Mosaid, says “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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