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Since December of 2018....Inophi has DOUBLED...and then DOUBLED again. From $32/share to $128/share. Created $4.5 Billion for common shareholders. It was June of 2016 when Inphi sold its Memory Interconnect business to Rambus for $90MM. With the help of that acquisition...RMBS is now trading up about 10% higher than its mid-2016 peak stock price. Maybe it just takes a little time to absorb such an acquisition, perfect it and get it to start paying dividends. But Inphi seems to have gotten the cash to work pretty well for its shareholders. ---------------------. Jun 30, 2016 - Rambus announced it has signed a definitive agreement to purchase the Memory Interconnect Business from Inphi Corporation for $90M in ... Missing: |
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