SUNNYVALE, Calif.--( BUSINESS WIRE )-- Rambus Inc. ( NAS: RMBS ) today announced the pricing of its offering of $120 million aggregate principal amount of its 1.125% Convertible Senior Notes due 2018 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). Rambus has granted the initial purchasers a 30-day option to purchase up to an additional $18 million aggregate principal amount of the Notes on the same terms and conditions to cover over-allotments, if any. The offering is expected to close on August 16, 2013, subject to satisfaction of customary closing conditions.