Sterne Kessler Client Netlist Negotiates $600 Million Settlement with Micron Technology

Washington, D.C. (October 14, 2026) – A cross-practice team at Sterne, Kessler, Goldstein & Fox served as U.S. International Trade Commission and Federal Circuit counsel to Netlist, Inc. in a series of patent disputes with Micron Technology, Inc. After several years of litigation, Netlist has reached a comprehensive settlement agreement with Micron.

Under the agreements, Micron will receive a five-year term license to Netlist’s patent portfolio, including patents covering server DIMMs and High Bandwidth Memory technologies. Micron will pay Netlist $30 million per quarter from the fourth quarter of this year through the third quarter of 2031, totaling $600 million during the term.

This announcement follows on the heels of a similar settlement Netlist negotiated with Samsung Electronics Co., Ltd. earlier this year involving advanced memory technology. Sterne Kessler likewise represented Netlist in the proceedings leading up to that settlement.

The Sterne Kessler team was led by Directors William Milliken, co-chair of the firm’s Appellate Practice; Richard Bemben, co-chair of the firm’s PTAB Practice; and Daniel Yonan, head of the firm’s U.S. International Trade Commission Practice. It also included directors Paul Ainsworth, Donald Banowit, Daniel Block, Tyler Dutton, Kristina Caggiano Kelly, Joseph Kim, and Lauren Watt.

Learn more about the Netlist and Micron settlement.

About Sterne, Kessler, Goldstein & Fox

Based in Washington, D.C., Sterne Kessler is a leading intellectual property law firm providing strategic IP services to clients worldwide. With more than 170 attorneys, the firm offers integrated capabilities across patent and trademark prosecution, strategic counseling, post‑grant proceedings, and litigation before federal district and appellate courts and the International Trade Commission. Since 1978, Sterne Kessler has served as a trusted partner to innovative companies, startups, inventors, universities, and investors, helping them protect, enforce, and maximize the value of intellectual property. The firm is committed to delivering practical, business‑driven solutions that support innovation and long‑term strategic objectives.