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Message: Samsung eyes Rambus?

Samsung eyes Rambus?

posted on Sep 08, 2009 11:18AM
Samsung eyes Rambus?
Marketwatch reported Friday (Sept. 4) that Rambus Inc.'s stock price rose 11 percent on rumors of a buyout by South Korea's Samsung Electronic Co. Ltd. As the report notes, this rumor has circulated in the past. Most analysts are dubious that such a merger is possible or would work. But Samsung pays Rambus significant royalty payments each year, and some have speculated it would be worthwhile for the company to acquire Rambus. Also Friday, a Reuters report noted the rumor and said Samsung denied it had any plans to buy Rambus. Samsung is one of the companies involved in litigation with Rambus. That case was to come to trial this month, but was recently pushed back to next year.
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