Rambus buys back $23.1 million in convertibles at discount

By Devika Patel

Knoxville, Tenn., Jan. 29 - Rambus Inc. said it gained $4.4 million through a repurchase of its convertible notes.

The company bought back approximately $23.1 million of its convertible notes for about $18.7 million in the fourth quarter of 2008.

Rambus is a Los Altos, Calif., semiconductor technology company.

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