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Message: OT Rambus up 35% on IP ruling

OT Rambus up 35% on IP ruling

posted on Mar 26, 2008 11:54AM
March 26, 2008, 3:06 pm

Rambus Gets Favorable Jury Ruling In Memory Chip Case

Posted by Eric Savitz

Jurors in federal court in San Jose sided with Rambus (RMBS) in rejecting claims by Hynix, Micron (MU) and Nanya Technology that Rambus illegally used information obtained at industry meetings in the 1990s to get its patents, Bloomberg is reporting.

Rambus shares had rallied earlier in the day in anticipation of the verdict.

Rambus is now up $2.20, or 11.8%, to $20.81.

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