The Channel logo

News

By | Brid-Aine Parnell 30th March 2012 14:29

Micron settles with Oracle in chip price-fixing case

Takes a hefty DRAM from can of legal whup-ass

Chipmaker Micron Technology has reached a settlement with Oracle in a lawsuit the company brought over the price of memory.

Oracle alleged that Micron had conspired with four unnamed companies to inflate DRAM chip prices paid by Oracle's Sun Microsystems business from 1998 until at least 2002 and claimed damages.

Micron said that it had reached an agreement with Oracle to settle the case, but didn't directly disclose the terms of the settlement.

The memory firm saidthe settlement would impact its revenue and loss for the second fiscal quarter of 2012, increasing the loss by $58m to $282m.

"The full effect of the settlement on Micron's results of operations and financial position for the second quarter of fiscal 2012 will be provided in Micron's Form 10-Q," the firm said in a canned statement.

Oracle bought Sun in 2010. It had no comment on the settlement. ®

comment icon Read 1 comment on this article alert Send corrections

Opinion

Memristor_wafer

Chris Mellor

Execution warrant close to being signed for Fink's folly
Woman cuddles 'sly-looking' Fennec fox. Photo by Shutterstock
Cartoon of employee asking wky boss makes hium wear suspenders (while pincer through open trapdoor remains poised above his head) illustration by Cartoon resource for Shutterstock

Frank Jennings

It's not like my boss painstakingly nurtured the contacts, right?

Features

Girl and computer, photo via Shutterstock
Middle-class terror of engineering also part of problem
Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world