Toshiba settles with Micron

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19 September 2006 — Tokyo (JPN): Toshiba and Micron Technology have agreed that Toshiba will buy some of Micron’s semiconductor technology and licence patents previously owned by Lexar Media for $288 million.

 

The agreement settles all outstanding NAND flash memory-related litigation between Toshiba, its subsidiaries and Lexar Media, which Micron acquired in June.