Rambus board changes - what does the future hold?

"J. Thomas Bentley has joined its board of directors, effective March 11, 2005."

"His expertise lies in the financial, tax and accounting structure of M&A transactions and he currently serves as a senior advisor on Alliant's most complicated deals. Bentley's previous experience includes work in the leveraged buyout business at Citicorp, as well as stints with the World Bank and Internal Finance Corporation."

"We are extremely pleased to have Tom join our board given his considerable experience in finance and a demonstrated track record of helping companies meet their strategic growth objectives," said Geoff Tate, chairman of the Rambus board."

Cloaked Scribe wonders if Rambus is preparing to grow via acquisition or is preparing to go private? Current share price is under $14.00 with a market capitalization of under $1.4B.

"Retiring from the board of directors is Dr. Chuck Geschke, who has been a member since February 1996. Dr. Geschke is a co-founder of Adobe Systems Incorporated and has served as a director of that company since 1982, as chief operating officer from 1986 to 1995, as president from 1989 to 2000 and as chairman since 1997."

"Dr. William Davidow, who served as chairman of the board from March 1990 until January 2005 and as a board member since January 2005, will not stand for re-election at the company's 2005 annual meeting of stockholders. Dr. Davidow will be named director emeritus upon the completion of his term as a full board member on May 3, 2005."

Read the Rambus 8-K filing here.

Hat tip to Joe of the Pinehurst Thread for the link.