Shares of MoSys Inc.
(NASDAQ: MOSY) saw a huge rally in trading on Friday after the Sunnyvale,
California-based company announced sale of 73 patents to Invensas for $35
million. Invensas purchased 43 U.S. and 30 foreign memory technology patents from
MoSys.
MoSys shares rose to an
intra-day high of $4.75 on Friday before ending the day more than 40% higher on
above average volume. The rally pushed MoSys shares above their 50-day average.
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