Pictures

Photo

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Photo

Weird homes

Home is where the heart is, no matter what unusual form that home may take.  Slideshow 

Photo

The drone wars

The frontlines of America's covert drone program.  Slideshow 

Sponsored Links

Rambus appoints new CEO

Related News

Related Topics

Mon Jun 25, 2012 8:54am EDT

(Reuters) - Rambus Inc named Ronald Black as its new chief executive officer replacing Harold Hughes, who is retiring from the technology licensing company.

Hughes, 66, will remain on the Rambus board of directors, the company said in a statement.

Black, a former CEO of MobiWire, has 20 years experience in the semiconductor and mobile markets.

The company's stock has lost about 70 percent of its market value since November, when it lost a $4 billion antitrust lawsuit against Micron Technology Inc and Hynix Semiconductor Inc.

Shares of Sunnyvale, California-based Rambus closed at $5.63 on Friday on the Nasdaq.

(Reporting by Neha Alawadhi in Bangalore; Editing by Roshni Menon)
Tech
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.