IPValue Management Affiliate Grants License to SK hynix to Patent Portfolio Acquired from Cypress Semiconductor

×

Error message

  • Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).

IPValue Management, Inc. (IPValue) today announced that Longitude Licensing Ltd. (LLL) has granted SK hynix Inc. (SK hynix) a worldwide, non-exclusive patent license for the patent portfolio of Longitude Flash Memory Solutions, Ltd. (LFMS).

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, June 22, 2022
Information
Tags: 
Legal, Technology, Semiconductor, Patent Law, Engineering, Professional Services, Manufacturing, Hardware, Data Management, Consumer Electronics, ECC, SK, HBM, Patent, DRAM, TLC, LLL, Dynamic random-access memory, NVDIMM, MLC, Solid-state drive, Cypress Semiconductor, Infineon Technologies, IP, Samsung Electronics, SONOS, QLC, Computer data storage
Geotags: 
CALIFORNIA, UNITED STATES, NORTH AMERICA, NAND
⚠ generated by AI ↴
Organisation: 
IPVALUE MANAGEMENT
Summary
Key Points: 
  • IPValue Management, Inc. (IPValue) today announced that Longitude Licensing Ltd. (LLL) has granted SK hynix Inc. (SK hynix) a worldwide, non-exclusive patent license for the patent portfolio of Longitude Flash Memory Solutions, Ltd. (LFMS).
  • SK hynix is a top tier semiconductor supplier offering Dynamic Random Access Memory chips, Flash memory chips, CMOS Image Sensors, and SSDs for a wide range of distinguished customers globally.
  • We are pleased to have licensed the LFMS patent portfolio to SK hynix on mutually agreeable terms.
  • SK hynix follows other major semiconductor vendors, including Samsung Electronics, Co., Ltd. and Micron Technology, Inc., as a licensee of the LFMS patent portfolio.


IPValue Management, Inc. (“IPValue”) today announced that Longitude Licensing Ltd. (“LLL”) has granted SK hynix Inc. (“SK hynix”) a worldwide, non-exclusive patent license for the patent portfolio of Longitude Flash Memory Solutions, Ltd. (“LFMS”). LFMS and LLL are affiliates of IPValue. SK hynix is a top tier semiconductor supplier offering Dynamic Random Access Memory chips, Flash memory chips, CMOS Image Sensors, and SSDs for a wide range of distinguished customers globally.

The LFMS portfolio comprises more than 500 patents worldwide. The patents originated from Cypress Semiconductor, which was acquired by Infineon Technologies in 2020. These patents address certain fundamental technologies related to the design, manufacturing and operation of various kinds of memory devices, such as NAND (3D & 2D, MLC, TLC, QLC), DRAM, NVDIMM, HBM, and SSDs products and include, among others, SONOS, Charge Trap structures and ECC.

“We are pleased to have licensed the LFMS patent portfolio to SK hynix on mutually agreeable terms. This agreement reinforces our belief that a constructive and open dialog with potential licensees can result in an amicable deal,” said Garrett Dempsey, Director of LLL. SK hynix follows other major semiconductor vendors, including Samsung Electronics, Co., Ltd. and Micron Technology, Inc., as a licensee of the LFMS patent portfolio.

About IPValue Management

IPValue’s mission is to fuel innovation by working with leading technology enterprises to unlock value from their IP portfolios. Since inception in 2001, IPValue has generated nearly $3B in cash from patent licenses and has delivered nearly $1.5B to its partners along with other valuable consideration. IPValue currently owns and manages the commercialization of over 9,000 patents. For more information, visit www.IPValue.com.

Copyright: 
Copyright Business Wire 2022