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FTC Dismisses Suit Against Rambus

 

Updated from 9:12 a.m. EST

Rambus(RMBS Quote) scored a major win late Tuesday when the Federal Trade Commission dropped an antitrust suit against the company.

Early Wednesday, Rambus shares were recently up $8.70, or 34.5%, to $34.54.

The government's suit had contended that in the early 1990s, Rambus manipulated an industry group into adopting semiconductor standards for chips on which it already had patents pending. ...

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