Conversant Intellectual Property Management Inc. announced a semiconductor patent license agreement with SK hynix Inc.
SK hynix produces semiconductors such as DRAM and NAND flash and System IC, including CMOS Image Sensors.
Under the agreement, SK hynix receives a license to Conversant’s worldwide portfolio of patents and patent applications that cover semiconductor products and systems.
The terms of the agreement are confidential.
“We are pleased to enter into a new license agreement with SK hynix,” said Boris Teksler, CEO of Conversant.
“This license agreement between Conversant and SK hynix reflects the ongoing value of Conversant’s semiconductor patent portfolio.
“The portfolio dates back to 1975 when the company first focused on inventing ways to improve Dynamic Random Access Memory (DRAM) semiconductors.
“In the years since, we’ve continued to strengthen our portfolio, with both our internal research and development and the acquisition of patents from semiconductor leaders, to provide a compelling package of semiconductor-related patents.”