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Netlist, Micron Strike $600M Patent License Deal

Netlist and Micron have entered into a comprehensive agreement that includes a five-year, $600 million patent license and a settlement of all pending litigation. Micron will pay $30 million quarterly from Q4 2026 through Q3 2031.

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Netlist said it has reached a set of agreements with Micron, led by a five-year, $600 million patent license. Under the deal, Micron will pay $30 million quarterly from Q4 2026 through Q3 2031. The companies also signed a comprehensive settlement and mutual release that resolves all pending litigation between them.