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What: Shares of memory technologist Rambus
So what: The company just signed a patent license with leading memory chip builder Elpida, resulting in higher revenue guidance and a $150 million payout over the next five years. Elpida's long-standing licensing agreement with Rambus expired in 2008, causing severe tire damage to Rambus' revenues, but now the twain are back together again.
Now what: You don't want to snub Rambus on patent licenses for too long, lest the company goes legal on you. Last week, Rambus filed patent infringement suits against a cadre of supposed infringers including Broadcom
Interested in more info on Rambus? Add it to your watchlist.
Fool contributor Anders Bylund doesn't hold a position in any of the companies discussed here. NVIDIA is a Motley Fool Stock Advisor recommendation. Try any of our Foolish newsletter services free for 30 days.
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