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Rambus (RMBS) Announces Completion of $32M Snowbush IP Assets Acquisition

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Rambus Completes Acquisition of Snowbush IP Assets

August 8, 2016 4:30 PM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Rambus Inc. (NASDAQ: RMBS) today announced it has successfully completed the acquisition of the assets of Semtechs Snowbush IP. The closing purchase price totaled $32 million, including additional payments based upon specific new product sales through the end of 2022.

As announced in... More