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Why Jefferies Likes Rambus' Acquisition Of IPHI's Memory Buffer Business
Tuesday, July 5, 2016 - 3:25pm | 202Jefferies views Rambus Inc. (NASDAQ: RMBS)'s acquisition of IPHI's memory buffer business as positive despite maintaining its Hold rating on the stock. Rambus has agreed to acquire the business and assets of IPHI's memory interconnect business for $90 million in cash. The deal,...