The Channel logo


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


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


Suit-and-tie-wearing man tries to meditate, take deep breaths in faux yoga pose. Photo by Shutterstock
Emotional intelligence, not tech skills, is the way to woo suits
League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe