Key Developments: Rambus Inc (RMBS.O)
7.74USD
24 May 2013
$-0.02 (-0.26%)
$7.76
$7.72
$7.79
$7.66
581,977
986,292
$8.19
$3.78
Latest Key Developments (Source: Significant Developments)
Acacia Research Corp Subsidiary Acquires Rights To Automotive Illumination Patent Portfolio From Rambus Inc
Acacia Research Corp announced that a subsidiary has acquired the rights to an automotive illumination patent portfolio from Rambus Inc. The portfolio relates to automotive and vehicular illumination applications including headlights, taillights, and internal and external lighting. As part of this transaction, Rambus received an initial upfront payment and is expected to receive subsequent payments. Specific terms of the transaction are confidential. Full Article
Rambus Inc Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
Rambus Inc announced that for second quarter of 2013, it expects revenues in the range of $53 million to $58 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $61 for second quarter of 2013. Full Article
Rambus Inc Appoints Mr. Eric Stang As Chairman
Rambus Inc announced changes to its Board of Directors, including the appointment of Mr. Eric Stang as Chairman, effective immediately. Full Article
Rambus Inc's Cryptography Research Signs License Agreement With Echostar For Cryptofirewall Security Technology To Combat Piracy
Cryptography Research (CRI), a division of Rambus Inc. announced a license agreement with EchoStar Technologies L.L.C., a subsidiary of EchoStar Corporation to adopt the Cryptography Research CryptoFirewall security core for use with EchoStar set-top box technologies to protect against TV signal theft. Full Article
Rambus Inc Raises Q1 2013 Revenue Guidance
Rambus Inc announced that for the first quarter of 2013, the Company revised its revenue guidance to between $65 million to $69 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $61million for the first quarter of 2013. Full Article
Rambus Inc and LSI Corporation Sign Patent License Agreement
Rambus Inc announced it has signed a patent license agreement with LSI Corporation. This agreement allows LSI Corporation to include Rambus patented innovations in all its products. In addition, the two companies have settled all outstanding claims, including pending disputes related to Rambus` patented innovations. This patent license agreement will terminate in 2018. Other terms of the agreement are confidential. Full Article
Rambus Inc Issues Q1 2013 Guidance-Conference Call
Rambus Inc announced that for first quarter of 2013, it expects revenues to be in the range of $58-$63 million and pro forma net income to be $4-$10 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $ Full Article
Rambus Inc Issues Q4 2012 Guidance; Net Income Guidance Above Analysts' Estimates-Conference Call
Rambus Inc announced that for fourth quarter of 2012, it expects revenue in the range of $57-$63 million and pro forma net income in the range of $2 million and $9 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $60 million and net income of $(20) million for fourth quarter of 2012. Full Article
Rambus Inc And Fujitsu Semiconductor Sign Patent License Agreement
Rambus Inc announced that it has signed a patent license agreement with Fujitsu Semiconductor Limited. This six-year agreement covers the use of Rambus patented innovations implemented in a broad range of integrated circuit (IC) products offered by Fujitsu Semiconductor. Financial terms of the agreement are confidential. Full Article
Rambus Inc Receives Decision in SK Hynix Case
Rambus Inc announced that the judge for the Northern District of California (NDCA) has issued his decision in the matter with SK Hynix. The Honorable Ronald M. Whyte has found that the Rambus patents in this case are valid and infringed by SK Hynix and Rambus is entitled to receive royalty payments for past infringement based on reasonable and non-discriminatory (RAND) rates. In his ruling, Judge Whyte found that Rambus executed its document retention practices during a time when it reasonably anticipated litigation, and thus willfully spoliated evidence, but also found that Rambus did not deliberately destroy documents it knew to be damaging. The parties have been ordered to provide briefs on the issue of the damages SK Hynix will need to pay Rambus. Full Article
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