Netlist and SK hynix have reached an agreement for a patent cross license covering memory technologies of both companies and an agreement for the supply of SK hynix products and technical cooperation on Netlist’s CXL HybriDIMM technology.
C.K. Hong, Netlist’s Chief Executive Officer said, “We are delighted with the recognition of the value of Netlist’s intellectual property and very much look forward to partnering with SK hynix, a global leader in memory and storage technology.”
The agreements provide SK hynix with access to Netlist’s portfolio of U.S. and foreign patents. Netlist will receive a royalty from SK hynix, a cross license to SK hynix’s patent portfolio and supply of SK hynix’s memory and storage products. The companies also plan to collaborate on Netlist’s HD CXL technology for future commercialization.
Netlist and SK hynix have agreed to end all pending matters in the U.S. District Court for the Western District of Texas and the Patent Trial and Appeals Board of the U.S. Patent and Trademark Office.
