MOSAID and Samsung Reach Comprehensive Agreement

Sign patent license and patent purchase agreements, and technology MOU

OTTAWA, Ontario — January 20, 2010 — MOSAID Technologies Inc. (TSX:MSD) today announced that it has signed a new semiconductor patent license agreement with Samsung Electronics Co., Ltd. MOSAID will also purchase a significant portfolio of patents from Samsung. In addition, the two companies have entered into an MOU (Memorandum of Understanding) pursuant to the development of NAND Flash technology.

Under the terms of the patent portfolio license agreement, Samsung receives a lives-of-patents license under certain patents and applications, and a five-year term license under certain other patents and applications, for memory integrated circuit products. Samsung also receives a five-year license under certain patents and applications for non-memory integrated circuit products. For the license, Samsung will make a series of fixed payments during the term. The effective date of the license is January 1, 2010. All other terms and conditions of the license agreement are confidential.

Under the terms of the patent purchase agreement, MOSAID will purchase from Samsung a portfolio of patents related to semiconductor device, circuit and processing technologies. A series of fixed payments is due to Samsung in 2014.

Under the terms of the MOU, Samsung and MOSAID will explore the potential joint development of a new high-performance NAND flash memory device incorporating MOSAID's HLNAND™ memory architecture.

"Taken together, these agreements with Samsung are among the most important the Company has signed in its history," said John Lindgren, President and CEO, MOSAID. "The new semiconductor patent license agreement helps stabilize MOSAID's current revenue stream and provides continued financial strength, while our patent portfolio is made even stronger with the acquisition of a significant number of semiconductor patents from Samsung. We are also very excited to be working on future technologies with Samsung, the world's leading memory vendor."

"These new agreements demonstrate the growing value of our portfolio of semiconductor memory and microcomponent patents, and provide further confirmation of our success as an intellectual property company focused on patent licensing and technology innovation," said Michael Vladescu, Vice President, Licensing and Intellectual Property, MOSAID. "In addition to licensing our memory patents, Samsung is the second company to license our microcomponent portfolio, which includes both MOSAID patents and patents exclusively licensed from third parties."

Prior to today's announcement, MOSAID and Samsung had, on January 4, 2010, announced a standstill agreement that covered the period between the expiration of MOSAID's existing semiconductor patent licensing agreement with Samsung on December 31, 2009, and the approval of a new agreement by the Board of Directors of both MOSAID and Samsung.


MOSAID Technologies Inc. is one of the world’s leading intellectual property companies. MOSAID develops semiconductor memory technology and licenses patented intellectual property in the areas of semiconductors, and wired and wireless communications systems. MOSAID counts many of the world's largest semiconductor companies among its customers. Founded in 1975, MOSAID is based in Ottawa, Ontario.

For more information, visit


Investor Inquiries
Michael Salter
Director, Investor Relations and Corporate Communications
Tel: 613-599-9539 x1205
E-mail: Email Contact

Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

Synopsys: Custom Compiler

Featured Video
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Diversity: Really, who cares
More Editorial  
DDR 3-4-5 Developer with VIP for EDA Careers at San Jose, CA
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Senior Methodology Automation Engineer for EDA Careers at San Jose, CA
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: IoTPLL

Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy