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Netlist surges as Micron agrees to pay $600M for five-year license agreement
Seeking Alpha ·
Seeking Alpha reports: Netlist shares surged 18% during early market action on Tuesday after Micron Technology agreed to pay the company $600M for a five-year license to access its patent portfolio. The patents include server DIMMs (dual in-line memory modules) and high-bandwidth memory technologies. The deal also settles all pending legal proceedings between the two memory makers. Under the plan, Micron will pay Netlist $30M per quarter, starting with the fourth quarter in 2026 and ending…