Rambus to Acquire Memory Interconnect Business from Inphi
Combination creates strong market position for memory chipset business Sunnyvale, Calif. – June 30, 2016 – Rambus Inc. (NASDAQ:RMBS) today announced it has signed a definitive agreement to purchase the Memory Interconnect Business from Inphi Corporation (NYSE:IPHI) for $90M in cash. The acquisition includes all assets of the Inphi Memory Interconnect Business including product inventory, customer contracts, supply chain agreements and intellectual property. The combined business further strengthens Rambus’ market position for memory buffer chip products and amplifies execution for