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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 59.55-8.8%Jul 17 3:59 PM EDT

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From: Don Green9/11/2019 4:57:55 PM
   of 93622
 
Rambus pays $65M for Verimatrix units
Sep. 11, 2019 4:47 PM ET|About: Rambus Inc. (RMBS)|By: Brandy Betz,

Rambus (NASDAQ: RMBS) signs an agreement to acquire the Silicon IP and Secure Protocols business of Verimatrix.

Rambus will pay $65M in cash.

The parties entered into an exclusivity agreement on September 3. Rambus expects the deal to close before the end of the year.

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