It is odd you mention XLNX......Re: XLNX is now hitting its 2000 highs
My financial modeling suggests that XLNX taking on the Rambus portfolio under their corporate umbrella would make for a fine acquisition.
Put Rmbs portfolio under a well managed company, without the extensive G&A overhead like Black’s $10MM annual compensation....and without a Bay Area corporate office....and the assets could drive value for someone like XLNX.
The memory makers are flush right now and might pay a premium for the patent rights, to avoided contesting a re-up if contracts in a few years when a larger memory market might justify higher rates to Rambus.
If I were XLNX, I would try to acquire Rmbs, while monetizing lifetime rights to thr pieces that the memory makers would pay for ....and focus on the remaining irons in the fire, and partnerships, that could drive growth.