- IBM has licensed Rambus' (NASDAQ:RMBS) memory controller and serial link interface patents. As part of the deal, Rambus will "develop and deliver high-performance memory interface design IP to enhance IBM systems and semiconductor offerings." Terms are confidential.
- No word on what kind of chips IBM will use Rambus' IP for. Big Blue offloaded its chip manufacturing ops to Globalfoundries last year, but continues to develop CPUs for its Power servers and System z mainframes, and is still investing heavily in chip R&D. It's also about to begin selling Power CPUs to 3rd-party server vendors.
- RMBS +1% AH to $12.75.