Rambus (RMBS) Wins Partial Appeal in Patent Case vs. NVIDIA (NVDA)
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Rambus (Nasdaq: RMBS) might be headed higher following a 4 percent move upwards on Tuesday.
According to Bloomberg, Rambus won an appeal to have the U.S. Patent and Trademark Office reconsider whether one of its patents is valid or not. The decision, made by the U.S. Court of Appeals for the Federal Circuit in Washington yesterday, agreed with the company that the USPTO erred in its analysis of whether or not the patent was an obvious variation of an earlier know-how patent. The court remanded the case for further review.
U.S. Patent no. 6,260,097 was issued in July 2001. Current litigation over the patent is between Rambus and NVIDIA (Nasdaq: NVDA). The opinion on the case is posted here (will be a pdf file).
Shares of Rambus are flat early Tuesday.
According to Bloomberg, Rambus won an appeal to have the U.S. Patent and Trademark Office reconsider whether one of its patents is valid or not. The decision, made by the U.S. Court of Appeals for the Federal Circuit in Washington yesterday, agreed with the company that the USPTO erred in its analysis of whether or not the patent was an obvious variation of an earlier know-how patent. The court remanded the case for further review.
U.S. Patent no. 6,260,097 was issued in July 2001. Current litigation over the patent is between Rambus and NVIDIA (Nasdaq: NVDA). The opinion on the case is posted here (will be a pdf file).
Shares of Rambus are flat early Tuesday.
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