Chip Firm Rambus Is Working With an Adviser to Pursue a Sale
- Consolidation in semiconductor industry has slowed this year
- Rambus now sells branded chips, shares down 20 percent in 2017
Integrated circuits sit on an Embedded Wafer Level Ball Grid Array (eWLB) circuit board at the Infineon Technologies AG microchip and sensor manufacturing facility in Regensburg, Germany, on Wednesday, Feb. 17, 2016. Infineon designs, manufactures and markets semiconductors for the automotive, industrial, communications, consumer and security electronics sectors.
Rambus Inc., a chip designer with a lengthy history of patent litigation, is considering a sale even as it has expanded its business to include sales of its own branded chips, people familiar with the matter said.
The Sunnyvale, California-based company is working with a financial adviser to evaluate sale options and seek potential suitors, the people said, asking not to be identified because the discussions are private. No final decision has been made and the company may choose not to pursue a sale, they said.