Infineon to Pay Rambus to Settle Patent Dispute

Rambus Inc. said German chip maker Infineon Technologies agreed to pay as much as $150 million to end a five-year patent dispute. Rambus shares jumped 30% on the news.

Infineon, based in Munich, will pay $50 million over nine quarters starting Nov. 15, said Rambus Chief Executive Harold Hughes. Infineon will pay as much as $100 million more if Rambus, based in Los Altos, Calif., signs licenses with other chip makers.

Rambus shares rose $3.91 to $17.03 on Nasdaq.