{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-230180","form_type":"8-K","ticker":"RMBS","cik":"0000917273","company_name":"RAMBUS INC","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.021606+00:00","generated_at":"2026-06-10T23:09:59.798304+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Rambus completes sale of PHY IP business to Cadence for $110M cash","bullets":["Rambus sold SerDes and memory interface PHY IP assets to Cadence Design Systems for $110M cash, subject to adjustments.","Transaction strengthens Rambus' focus on high-growth chips and digital IP for data center and AI.","Rambus affirmed prior Q3 FY2023 guidance issued on July 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-230180","json":"https://secwatch.observer/filing/0001193125-23-230180.json","markdown":"https://secwatch.observer/filing/0001193125-23-230180.md","text":"https://secwatch.observer/filing/0001193125-23-230180.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917273/000119312523230180/0001193125-23-230180-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917273/000119312523230180/d524084d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:09:59.798304+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bdfd5802e7fa1fd765b6cfd5260854b19734ab3c","claim":"RAMBUS INC completed a disposition involving Cadence Design Systems, Inc. for $110 million in cash (closed 2023-09-06).","evidence_excerpt":"interface PHY IP business (the “Business”) to Cadence Design Systems, Inc. (“Purchaser”). Under the Asset Purchase Agreement governing the transaction, Purchaser paid Rambus $110 million in cash, subject to certain adjustments, for the Business. In connection with the completion of the transaction, Rambus issued the press release attached hereto as Exhibit 99.1","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/917273/000119312523230180/0001193125-23-230180-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Cadence Design Systems, Inc."},{"label":"Consideration","value":"$110 million in cash"},{"label":"Closing","value":"2023-09-06"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}