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                                                                   EXHIBIT 10.25

                                LICENSE AGREEMENT

This Agreement is made this 22nd day of August 2000, ("Effective Date") by and
between Micron Electronics, Inc. having its principal place of business at 900
E. Karcher Road, Nampa, Idaho 83687 (hereinafter referred to as "Licensor") and
Simple Technology, Inc., having its principal place of business at 3001 Daimler
Street, Santa Ana, CA 92705 (hereinafter referred to as "Licensee").

WHEREAS, Licensor has the right to provide a license under certain United States
patents as herein identified; and

WHEREAS, Licensee desires to obtain, and Licensor is willing to grant Licensee,
a non-exclusive license as hereafter defined and under the terms and conditions
herein specified.

NOW, THEREFORE, in consideration of the premises and mutual agreements herein
contained Licensor and Licensee AGREE AS FOLLOWS:


1.   DEFINITIONS

     1.1  "Subsidiary" shall mean any corporation, company, or other entity of
          which Licensee now or hereafter owns or controls, directly or
          indirectly, more than fifty percent (50%) of the outstanding shares of
          stock entitled to vote for the election of directors. Any corporation,
          company, or other entity which would at any time be a Subsidiary of
          Licensee, by reason of the foregoing shall be considered a Subsidiary
          only for so long as the percentage of ownership or control, directly
          or indirectly, by Licensee meets the conditions set forth above.

     1.2  "Memory Module" shall mean:

          1.2.1. a memory module (a) compliant (as that term is used in the
               memory module industry) with any of the following memory module
               specifications, (b) labeled in substantial compliance with the
               requirements of any of the following industry standard memory
               module specifications, or (c) expressly offered for sale as being
               in complete compliance with any of the following industry
               standard memory module specifications: Intel Corporation's "PC
               SDRAM Unbuffered DIMM Specification," Revision 1.0; Intel
               Corporation's "PC SDRAM Registered DIMM Specification," Revision
               1.0; Via Technologies' "PC133 SDRAM Unbuffered DIMM
               Specification," Revision 0.4; Rambus, Inc.'s "Direct Rambus RIMM
               Module Specification," version 0.9; or Rambus, Inc.'s "Rambus
               SO-RIMM Module (with 128/144MB RDRAMs)," version 0.7; or


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          1.2.2. a memory module containing a volatile memory device and a write
               protectable SEEPROM and which:

               1.2.2.1. allows the SEEPROM to be write protected via a write
                    protect or write control pin after the SEEPROM is installed
                    on the memory module; or

               1.2.2.2. is write protected after the SEEPROM is installed onto
                    the memory module substrate by Licensee or on Licensee's
                    behalf; or

               1.2.2.3. electrically couples the write protect pin of the
                    SEEPROM to an edge connector so that the write protect state
                    of the SEEPROM, i.e., write protected or write enabled, may
                    be modified by external circuitry after the SEEPROM is
                    installed on the substrate; and

          1.2.3. a memory module that is covered by a claim of Patents that has
               not been found to be invalid or unenforceable by a court of last
               resort.

     1.3  "Licensed Memory Module" shall mean a Memory Module for which a
          royalty has been paid to Licensor by Licensee pursuant to Section 3 of
          this Agreement.

     1.4  "Patents" shall mean United States Patents Numbers 5,661,677,
          5,859,792, 5,963,463 and any divisional, continuation, reexamination,
          reissue, or foreign counterpart patents that may issue with respect to
          any of the aforesaid patents.


2.   LICENSE GRANT

     2.1  Licensor grants to Licensee and Subsidiaries of Licensee a
          non-exclusive, personal, non-transferable, except as specified in
          Section 6.2, license under the Patents to test, make, use, sell, offer
          to sell, lease or otherwise dispose of Licensed Memory Modules.

          2.1.1. With respect to the licenses granted in Section 2.1, the right
               to "make" shall include the right to have a third party make
               Licensed Memory Modules for the use and benefit of Licensee or
               Subsidiaries of Licensee, but only if (i) such Licensed Memory
               Modules are sold by Licensee under the trademarks, trade names or
               other commercial indicia of Licensee or Subsidiaries of Licensee,
               and (ii) said Licensed Memory Modules are made by the third party
               using manufacturing drawings and specifications (a) originated by
               Licensee or Subsidiaries of Licensee or (b) originated by any
               third party specifically and exclusively for Licensee or
               Subsidiaries of Licensee.

     2.2  Neither Licensee nor Subsidiaries of Licensee shall have any right to
          sublicense the rights granted in Paragraph 2.1 or 2.1.1 to any third
          party without the prior


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          written consent of Licensor.

     2.3  Except as stated in Paragraph 6.2, neither Licensee nor Subsidiaries
          of Licensee shall assign or transfer any of its rights granted
          hereunder without the prior written consent of Licensor which consent
          shall not be unreasonably withheld.

     2.4  Any activity by Licensee or Subsidiaries of Licensee not expressly
          licensed herein and which constitutes an infringement of any claim of
          the Patents shall be deemed an unauthorized patent infringement. No
          right or license is granted hereby under any patent, patent
          application or patent claim, except as specifically and expressly
          provided herein.


3.   ROYALTY AND PAYMENTS

     3.1  Licensee agrees to pay Licensor a continuing royalty, throughout the
          term of this Agreement, equal to forty cents ($0.40) per unit
          ("Royalty Rate") for each Memory Module (a) made, used, sold, leased,
          or otherwise disposed of by Licensee or Subsidiaries of Licensee in
          the United States or (b) imported into the United States by or for
          Licensee or Subsidiaries of Licensee, if and only if such Memory
          Module is covered by a claim of Patents that has not been held invalid
          or unenforceable by a court of last resort, so long as a royalty for
          each such unit was not previously paid by a third party in accordance
          with a license or other agreement with Licensor.

     3.2  To the extent that Licensee may obtain Memory Modules from a third
          party, which has been licensed by Licensor to (a) make, use, sell, or
          otherwise distribute within the United States Memory Modules falling
          within the scope of any claim of the Patents or to (b) import such
          Memory Modules into the United States, then Licensee shall have no
          obligation to pay to Licensor any Royalty Rate based upon Licensee's
          use, sale, leasing, or other distribution of those Memory Modules.

     3.3  Licensee agrees to pay Licensor the sum calculated by multiplying the
          total number of Memory Modules (a) made, used, sold, leased, or
          otherwise disposed of by Licensee or Subsidiaries of Licensee in the
          United States or (b) imported into the United States by or for
          Licensee or Subsidiaries of Licensee between October 27, 1999 and the
          Effective Date hereof by the Royalty Rate, if and only if such Memory
          Module is covered by a claim of Patents that has not been held invalid
          or unenforceable by a court of last resort. Said sum shall be payable
          on or before August 30, 2000, so long as a royalty for each such
          Memory Module was not previously paid by a third party in accordance
          with a license or other agreement with Licensor.


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4.   REPORTS

     4.1  Licensee shall keep manufacturing, shipping and sales records of all
          Memory Modules (a) made, used, sold, leased, or otherwise disposed of
          by Licensee or Subsidiaries of Licensee in the United States or (b)
          imported into the United States by or for Licensee or Subsidiaries of
          Licensee during the term of this Agreement, such records shall be
          sufficient to permit verification of the accuracy and completeness of
          the information and the royalties required to be reported and paid
          under this Agreement. Licensee shall not be required to keep such
          records beyond three (3) years after each due date for payment of
          royalty for such Memory Modules.

     4.2  On or before the last day of January, April, July, and October of each
          year during the term hereof, and on the thirtieth (30th) day after
          termination hereof, Licensee shall send Licensor a written report,
          certified by an officer of Licensee as to its correctness to the best
          of the officer's belief, showing separately the total number of Memory
          Modules (a) made, used, sold, leased, or otherwise disposed of by
          Licensee or Subsidiaries of Licensee in the United States or (b)
          imported into the United States by or for Licensee or Subsidiaries of
          Licensee during the preceding calendar quarter, and computing the
          amount due Licensor for the preceding calendar quarter. Each such
          report shall be accompanied in the manner provided for in Paragraph
          4.5 by the proper amount then payable to Licensor as shown in such
          report.

          4.2.1. All such written reports shall be mailed to Licensor at the
               following address:

               Micron Electronics, Inc.
               Patent Department
               900 E. Karcher Road
               Nampa, ID  83687

     4.3  In the event that any report and payment are not made by Licensee by
          the date provided under this Agreement, interest shall be payable on
          the past due amounts at the rate of the prime lending rate as
          published in the Wall Street Journal from time to time plus 2%,
          compounded quarterly, from the date payment was due pursuant hereto to
          the date of payment, which interest shall be in addition to any other
          remedy provided Licensor by law or by this Agreement.

     4.4  Licensor shall have the right, during reasonable business hours and
          upon sixty (60) days advance notice, to have the correctness of any
          such report and/or payment audited, at Licensor's expense, by a firm
          of independent public accountants, selected by Licensor, and
          reasonably acceptable to Licensee, which shall examine Licensee's
          records only on matters pertinent to this Agreement. No more than one
          such audit shall be performed per annum, unless Licensee has


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          underreported as provided in the following sentence. In the event it
          shall be determined by the independent public accountants, at any
          time, that Licensee has underreported and/or underpaid in an amount in
          excess of five percent (5%) of the royalties properly due with respect
          to one or more reports or payments, Licensee, in addition to any other
          remedy provided Licensor by law or by this Agreement, shall:

          4.4.1. reimburse Licensor's full cost and expense associated with such
               audit; and

          4.4.2. pay Licensor an amount equal to two times that which Licensee
               has failed to report or pay, with interest at the prime rate of
               the prime lending rate as published in the Wall Street Journal
               from time to time plus 2%, compounded quarterly, calculated from
               the date each royalty accrued to the date of payment under this
               section. Any payments due under this Paragraph shall be due and
               payable ten (10) days following notice from Licensor of such
               failure, breach or default.

     4.5  All payments called for under this Agreement shall be in United States
          currency, without deductions of taxes of any kind, payable to Licensor
          at U.S. Bank of Oregon, 555 S.W. Oak Street, Suite 400, Portland,
          Oregon 97204, U.S.A. by wire transfer to:

                  Micron Electronics, Inc.
                  Patent Department
                  Account #: 153607639637
                  ABA/Routing # 123000220

          or to any other account that Licensor may request in writing.

     4.6  If a Subsidiary of Licensee that (a) has made, used, sold, leased, or
          otherwise disposed of License Memory Modules in the United States or
          (b) has imported or has had imported Licensed Memory Modules into the
          United States, is for any reason no longer a Subsidiary of Licensee,
          then Licensee shall notify Licensor in writing that such entity is no
          longer a Subsidiary of Licensee within thirty (30) days of the date
          that such entity is no longer a Subsidiary of Licensee.


5.   TERM AND TERMINATION

     5.1  All grants, obligations and provisions herein shall continue in full
          force and effect, unless sooner terminated as hereinafter provided,
          until May 15, 2016, the expiration date of the Patents.

     5.2  Licensor may terminate this Agreement upon written notice to Licensee
          if:


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          5.2.1. Licensee remains in default in making any payment or report
               required hereunder for a period of sixty (60) days or fails to
               comply with any other provision hereof for a period of sixty (60)
               days, in each case after written notice of such default or
               failure is given by Licensor to Licensee; provided that if
               Licensee shall be in default in making any two successive
               payments or reports required hereunder on timely basis, Licensor
               shall be entitled to terminate this Agreement upon written notice
               to Licensee, unless a genuine and good faith dispute exists as to
               the amount due and any amounts not in dispute are timely paid.

          5.2.2. Licensee shall become insolvent, make an assignment for the
               benefit of creditors, or commit any act of bankruptcy, or any
               order for the compulsory liquidation of Licensee shall be made by
               any court.

          5.2.3. Licensee shall be determined by a court of competent
               jurisdiction to have willfully or deliberately violated any
               provision of this Agreement, or to have concealed from Licensor
               any failure to comply with this Agreement including, but not
               limited to, the deliberate or willful understatement of royalties
               payable or the refusal to timely pay royalties, or shall be
               determined to have acted other than in good faith in breaching
               any provision of this Agreement; in such event, the termination
               shall be effective as of the date of notice given by Licensor.

     5.3  Any termination of this Agreement shall not relieve Licensee of
          liability for any payments accrued or owing prior to the effective
          date of such termination, or for any royalty.

     5.4  Licensee agrees that should it, during the term of the Agreement,
          contest the validity of any of the Patents by filing or causing others
          to file any legal action or any proceeding for reexamination, then
          Licensor shall have the right to immediately terminate this Agreement
          and/or any and all rights and licenses granted to Licensee and
          Subsidiaries of Licensee by this Agreement, to the extent that the
          exercise of such right to terminate is permitted under the law of the
          United States.

     5.5  If each and every claim of the Patents that read on Memory Modules are
          held invalid by a court of last resort, then Licensee shall have no
          duty to pay any additional royalties to Licensor after the date that
          such court holds the last of such claims invalid.


6.   ASSIGNMENTS

     6.1  This Agreement may, at any time, upon written notice and without
          Licensee's consent, be assigned by Licensor without such assignment
          operating to terminate, impair, or in any way change any obligations
          or rights which Licensor would


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          have had, or any of the obligations or rights which Licensee would
          have had, if such assignment had not occurred. From, and after, the
          making of any such assignment by Licensor, the assignee shall be
          substituted for Licensor as a party hereto and Licensor shall no
          longer be bound hereby.

     6.2  This Agreement shall inure to the benefit of, and be binding upon, the
          successors and assigns of all parties, but no purported assignment or
          transfer by Licensee of this Agreement or any part thereof, except an
          assignment as part of a sale or other conveyance of substantially all
          of the business of Licensee, shall have any force or validity
          whatsoever, except, unless and until approved in writing by Licensor.


7.   REPRESENTATIONS AND WARRANTIES

     7.1  Licensor warrants that (a) it does not own any patents or applications
          for patent, other than the Patents, which are necessary to make, use,
          or sell Licensed Memory Modules; (b) it has the entire right, title
          and interest in and to the Patents; (c) it has the right to enter into
          this Agreement; and (d) there are no liens, conveyances, mortgages,
          assignments, encumbrances or other agreements to which Licensor is a
          party or by which it is bound, which would prevent or impair the full
          exercise of all substantive rights granted to Licensee by Licensor
          pursuant to the terms and conditions of this Agreement.

     7.2  Licensor makes no representation or warranty that Licensed Memory
          Modules will not infringe, directly, contributorily or by inducement
          under the laws of the United States, any patent or other intellectual
          property right of a third party.

     7.3  In any dispute arising under this Agreement, Licensee will personally
          submit itself to the jurisdiction of a court of lawful jurisdiction in
          the State of Idaho if and when sued by Licensor in such court; that
          Licensee will accept, as lawful and sufficient, service of process by
          certified or registered mail directed to the company President, by
          title or name, at the regular place of business for the Licensee; and
          that Licensee will waive any objection they may have to venue.


     7.4  In the event of any dispute between the parties, the prevailing party
          will be entitled to all reasonable attorney's fees and all reasonable
          costs incurred in enforcing this agreement.

     7.5  Each party represents and warrants that this Agreement and the
          transactions contemplated hereby do not violate any agreements each
          party has with its agents, employees, or third parties.

     7.6  Each party further represents and warrants that in executing this
          Agreement, it does not rely on any promises, inducements, or
          representations made by any

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          party or third party with respect to this Agreement or any other
          business dealings with any party or third party, now or in the future.

     7.7  Each party represents and warrants that it is not presently the
          subject of a voluntary or involuntary petition in bankruptcy or the
          equivalent thereof, does not presently contemplate filing any such
          voluntary petition, and does not presently have reason to believe that
          such an involuntary petition will be filed against it.

     7.8  Other than the express warranties of this Article, there are no other
          warranties, express or implied.


8.   GENERAL PROVISIONS

     8.1  All notices to, demands, consents or communications which any party
          may desire or may be required to give to the other must be in writing,
          shall be effective upon receipt in the United States after having been
          sent by registered or certified mail or sent by facsimile
          transmission, and shall be effective upon receipt outside the United
          States after having been delivered prepaid to a reputable
          international delivery service or courier or sent by facsimile
          transmission and addressed to such address as shall have been
          designated by notice from the addressee for addressing of notices to
          it, or if no such designation shall have been made, then to the
          address of the party appearing above. Receipt shall be presumed on the
          date of proper transmission as to facsimile transmission and otherwise
          within three (3) Days as to notices given within the United States and
          ten (10) Days as to notices given outside the United States.

     8.2  No failure or delay to act upon any default or to exercise any right,
          power or remedy hereunder will operate as a waiver of any such
          default, right, power or remedy.

     8.3  This Agreement constitutes the entire understanding of the parties
          with respect to its subject matter and supersedes all prior and
          contemporaneous oral or written negotiations, agreements and
          understandings. This Agreement may not be modified or amended except
          in writing duly signed by authorized persons on behalf of the parties
          hereto.

     8.4  If any provision of this Agreement is or becomes or is deemed invalid,
          illegal or unenforceable under the applicable laws or regulations of
          the United States, the State of Idaho or any other jurisdiction, such
          provision will be deemed amended to the extent necessary to conform to
          applicable laws or regulations or, if it cannot be so amended without
          materially altering the intention of the parties, it will be stricken,
          and the remainder of this Agreement will remain in full force and
          effect.


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     8.5  The validity, construction, interpretation and performance of this
          Agreement, and any disputes or legal actions arising thereunder or
          therefrom, shall be governed by the laws and regulations of the United
          States of America and the State of Idaho, as applied to contracts made
          and to be performed entirely within the State of Idaho.

     8.6  This Agreement does not constitute that either party hereto is an
          agent of the other party for any purpose whatsoever, nor does either
          party hereto have the right or authority to assume, create or incur
          any liability of any kind, express or implied, against or in the name
          or on behalf of the other party.

     8.7  The English language form of this Agreement shall control and
          determine its interpretation.

     8.8  Within two weeks of the Effective Date, Licensor shall dismiss with
          prejudice, each party to bear its own attorneys' fees, costs and
          expenses, any and all lawsuits against Licensee, including but not
          limited to the lawsuit MICRON ELECTRONICS, INC. V. AMERICAN COMPUTER
          AND DIGITAL COMPONENTS, INC., ET AL., Civil Case No. C00 01201 SBA,
          filed in the U.S. District Court for the Northern District of
          California. Within one week thereafter, Licensor shall provide a
          file-stamped copy of the notice of dismissal to Licensee.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
by their respective duly authorized officers as of the Effective Date.



LICENSOR

Date: August 22, 2000

By:
   ------------------------------------

Printed Name:  Steven P. Arnold

Title:  Vice President, General Counsel



LICENSEE

Date:  August 22, 2000

By:
   ------------------------------------

Printed Name: Manouch Moshayedi

Title:  CEO

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