Ann: Megabit Success, page-910

thanks film and daz...

ok so there is a 20 yr licence option where HGST can get its hands on the IP for less than the market. I note that it says we have to notify if we're for sale, but it doesn't give any indication of $$ payable to HGST in a liquidity event. I assume there would be some $$$ consideration to buy them out of that very valuable option.

The way I read the IP arrangements, they cannot take our 'background' IP, we can't take theirs - but jointly developed we can keep. I would read that as follows:
4DS: all the patents (i.e. HGST can't run away with the chemistry of the chip, etch processes, switching processes, and start making their own)
HGST: manufacturing processes (I.e.4DS can't run away and become a fabrication company )
HGST: market Intel they used to design a product (so 4DS won't have a competitive advantage taking the chip to other fabs - i.e. another buyer may have to do some r&d
JOINT: scaling the chip down to 50nm (I read some market releases before imec came on board and it seems they got down to 50nm together with HGST)

what else could be ours/theirs/shared?