- Two companies have agreed to settle the licensing disputes -
TOKYO & AUSTIN, Texas - Monday, February 22nd 2016 [ME NewsWire]
(BUSINESS WIRE)-- Toshiba Corporation (“Toshiba”) and BaySand, Inc. (“BaySand”) today announced that the two companies have agreed to settle the disputes between the parties with respect to the terms of the license for BaySand’s Metal Only Programmable Technology granted by BaySand to Toshiba, including the lawsuit pending in the United States District Court for the Northern District of California and the arbitration pending before the ICC International Court of Arbitration. Along with this settlement, Toshiba and BaySand have signed an amended and restated technology license agreement (“Amended and Restated TLA”).
Metal Only Programmable Technology enables Toshiba to develop integrated circuits with much lower development costs and much shorter development turn-around times by reducing the number of metal layers that must be customized. The technology also secures the same level of integrated circuit performance and specifications as those of conventional ASICs.
Based on the license previously granted by BaySand, Toshiba has developed and provided FFSA™, adopting the Metal Only Programmable Technology as Toshiba’s new custom solution since 2012. Based on the Amended and Restated TLA, Toshiba will focus on expanding its product lines for FFSA™, to advanced 28nm process technology nodes, and will provide such products both in Japan and all over the world.
Concurrently BaySand will expand its license business and product sales relating to the Metal Programmable Technology to various customers.
"FFSA™ is one of our key strategic system LSIs," said Kenji Kishimoto, General Manager of Logic LSI Division, Toshiba Corporation’s Semiconductor & Storage Products Company. "We are very excited to provide our innovative custom solution to even more advanced process technology nodes, including 28nm and beyond, as this makes us even better able to meet customer needs."
“BaySand is pleased to have worked out any differences with Toshiba” said Salah Werfelli, BaySand’s CEO. “This new non-exclusive license gives both companies a clear path to service their respective customers.”
By developing high performance system LSIs with lower costs and shorter development turn-around times utilizing the Metal Only Programmable Technology, Toshiba and BaySand will continue to seek to provide the best solutions to customers’ problems.
* FFSA is a trademark of Toshiba Corporation.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of over 580 consolidated companies employing 199,000 people worldwide, with annual sales surpassing 6.6 trillion yen (US$55 billion).
To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
About BaySand Inc.
BaySand is a privately held fabless semiconductor company developing metal only configurable ASIC using innovative and disruptive Metal Configurable Standard Cell (MCSC) technology. Its TeneX product family, based on BaySand’s MCSC Technology, offers not only compatible density, power and performance compared to standard-cell technology but also provides unparalleled value propositions in NRE and time to market (TTM).
Headquartered in Morgan Hill, California, BaySand provides ideal and complete custom silicon solutions for FPGAs, standard-cell ASICs and customizable ASSP platforms.
View this news release online at:
http://www.businesswire.com/news/home/20160221005246/en
Contacts
Toshiba Press Contact:
Toshiba Corporation
Midori Hara / Yukihito Uchida, +81-3-3457-2100
PR & IR Office
media.relations@toshiba.co.jp
or
BaySand Press Contact:
To find out more about BaySand, visit https://www.baysand.com/company/about-baysand/, or email info@baysand.com
Permalink: http://me-newswire.net/news/17097/en
TOKYO & AUSTIN, Texas - Monday, February 22nd 2016 [ME NewsWire]
(BUSINESS WIRE)-- Toshiba Corporation (“Toshiba”) and BaySand, Inc. (“BaySand”) today announced that the two companies have agreed to settle the disputes between the parties with respect to the terms of the license for BaySand’s Metal Only Programmable Technology granted by BaySand to Toshiba, including the lawsuit pending in the United States District Court for the Northern District of California and the arbitration pending before the ICC International Court of Arbitration. Along with this settlement, Toshiba and BaySand have signed an amended and restated technology license agreement (“Amended and Restated TLA”).
Metal Only Programmable Technology enables Toshiba to develop integrated circuits with much lower development costs and much shorter development turn-around times by reducing the number of metal layers that must be customized. The technology also secures the same level of integrated circuit performance and specifications as those of conventional ASICs.
Based on the license previously granted by BaySand, Toshiba has developed and provided FFSA™, adopting the Metal Only Programmable Technology as Toshiba’s new custom solution since 2012. Based on the Amended and Restated TLA, Toshiba will focus on expanding its product lines for FFSA™, to advanced 28nm process technology nodes, and will provide such products both in Japan and all over the world.
Concurrently BaySand will expand its license business and product sales relating to the Metal Programmable Technology to various customers.
"FFSA™ is one of our key strategic system LSIs," said Kenji Kishimoto, General Manager of Logic LSI Division, Toshiba Corporation’s Semiconductor & Storage Products Company. "We are very excited to provide our innovative custom solution to even more advanced process technology nodes, including 28nm and beyond, as this makes us even better able to meet customer needs."
“BaySand is pleased to have worked out any differences with Toshiba” said Salah Werfelli, BaySand’s CEO. “This new non-exclusive license gives both companies a clear path to service their respective customers.”
By developing high performance system LSIs with lower costs and shorter development turn-around times utilizing the Metal Only Programmable Technology, Toshiba and BaySand will continue to seek to provide the best solutions to customers’ problems.
* FFSA is a trademark of Toshiba Corporation.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of over 580 consolidated companies employing 199,000 people worldwide, with annual sales surpassing 6.6 trillion yen (US$55 billion).
To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
About BaySand Inc.
BaySand is a privately held fabless semiconductor company developing metal only configurable ASIC using innovative and disruptive Metal Configurable Standard Cell (MCSC) technology. Its TeneX product family, based on BaySand’s MCSC Technology, offers not only compatible density, power and performance compared to standard-cell technology but also provides unparalleled value propositions in NRE and time to market (TTM).
Headquartered in Morgan Hill, California, BaySand provides ideal and complete custom silicon solutions for FPGAs, standard-cell ASICs and customizable ASSP platforms.
View this news release online at:
http://www.businesswire.com/news/home/20160221005246/en
Contacts
Toshiba Press Contact:
Toshiba Corporation
Midori Hara / Yukihito Uchida, +81-3-3457-2100
PR & IR Office
media.relations@toshiba.co.jp
or
BaySand Press Contact:
To find out more about BaySand, visit https://www.baysand.com/company/about-baysand/, or email info@baysand.com
Permalink: http://me-newswire.net/news/17097/en