Vicor Announces V•I Chip License to Sony

June 29, 2004 by Jeff Shepard

Vicor Corp. (Andover, MA) announced that it has entered into a non-exclusive license with Sony Corp. relating to Vicor's Factorized Power Architecture, V•I Chip power converters and the enabling technologies and semiconductor components used in V•I Chips. The license grants Sony rights to design and manufacture power converters, using V•I Chip technology and Factorized Power, for use within its products and for sale to its customers in certain agreed-upon applications.

The license also grants Sony rights to manufacture certain semiconductor components that are used in V•I Chips. Vicor will have rights to purchase those semiconductor components from Sony. Picor Corp., a subsidiary of Vicor, and Great Wall Semiconductor, an independent company of which Vicor is a minority owner, developed the referenced semiconductor components and are parties to the license. The license has a term of 10n years and is renewable thereafter.