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RMBS Rambus Inc

53.45
-7.03 (-11.62%)
After Hours
Last Updated: 23:13:37
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rambus Inc NASDAQ:RMBS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.03 -11.62% 53.45 53.26 55.20 59.75 54.77 58.00 2,820,875 23:13:37

Visa Buys Token Services Business from Rambus for $75 Million

25/06/2019 3:30pm

Dow Jones News


Rambus (NASDAQ:RMBS)
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By Chris Wack

 

Visa Inc. (V) said Tuesday that it is buying the token services and ticketing businesses from Rambus Inc. (RMBS) for $75 million in cash.

Visa intends to use the tokenization technology to replace sensitive payment information with a unique identifier, or "token," to make digital payments safer.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

June 25, 2019 10:15 ET (14:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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