The lawsuit between the companies will continue despite licensing agreement.

A  ruling in favour of Rambus by the US International Trade Comission (ITC) last month, saw NVIDIA products – including almost every major graphics card – banned from sale and import into the United States, as such the company has been forced to do what it must to continue producing and selling hardware.

Rambus announced this morning that the two companies had come to an agreement whereby NVIDIA has been granted a patent license for  “memory controllers at a 1% royalty rate for SDR memory controllers and a 2% royalty rate for other memory controllers, including DDR, DDR2, DDR3, LPDDR, LPDDR2, GDDR2, GDDR3, GDDR4, and portions of GDDR5. “

Despite the deal, Rambus notes that current litigation between the two companies has not been dismissed or affected by the arrangement.

The news of the deal comes amidst NVIDIA’s announcement of a $141 million dollar net loss for its second fiscal quarter.