Credit: Thinkstock Rambus will accept a reduced damages award instead of taking Hynix Semiconductor to trial again, thus giving up the hope of obtaining a larger sum, Rambus said Thursday.Rambus will pocket US$133.6 million rather than fight for more damages. In April, a jury determined that Hynix had violated a series of Rambus patents and awarded Rambus $306.9 million in damages.But in July, Judge Ronald Whyte, of the U.S. District Court for the Northern District of California, ruled that the award was unjustifiably high and gave Rambus the option to take $133.6 million or go to trial again.“We accept Judge Whyte’s decision and continue to be gratified with the outcome of this case, including the jury’s finding on validity and infringement,” Rambus’ acting general counsel, Robert Kramer, said in a statement. The jury determined that Hynix infringed the 10 Rambus patents at issue in the trial. The suit concerned synchronous dynamic RAM (SDRAM), double data rate SDRAM, and DDR2 memory products sold by Hynix in the United States between June 2000 and the end of 2005. The damages are compensation for that infringement.Rambus continues to pursue more damages for alleged Hynix infringement that it alleges took place after Dec. 31, 2005. The third phase of the trial is scheduled to begin next month, Rambus said. Rambus also announced that John Danforth will give up his titles of senior vice president, secretary and general counsel and assume a new role, effective immediately, as senior legal adviser.Kramer, deputy general counsel, will be acting general counsel until a replacement is found.-Juan Carlos Perez, IDG News Service (Miami Bureau)Related Links: Judge: Rambus Can Take Lower Damages or Have New Trial Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content news Concerns remain even as the EU reaches a landmark deal to govern AI Experts believe the new regulation would add a significant compliance burden on businesses as some argue it could even stifle the growth of the rapidly developing technology. By Gagandeep Kaur Dec 11, 2023 7 mins Regulation Regulation Government feature CIOs grapple with the ethics of implementing AI With ethical considerations around AI use increasingly top of mind, IT leaders are developing governance frameworks, establishing review boards, and coming to terms with the difficult discussions and decisions ahead. By Esther Shein Dec 11, 2023 13 mins Generative AI Data Governance IT Governance feature Reed Smith turns to AI for lawyer staffing solution The legal firm’s Smart Resourcing tool helps balance workloads and ensure partners find associates with the right skills and experience, while empowering employees to make connections across the firm’s global footprint. By Sarah K. White Dec 11, 2023 8 mins CIO 100 Legal Digital Transformation news Emirates NBD drives sustainability goals with Microsoft partnership By Andrea Benito Dec 10, 2023 2 mins CIO Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe