Rambus Completes Acquisition of the Verimatrix Silicon IP, Secure Protocols and Provisioning Business
Creates industry’s most comprehensive portfolio of silicon-proven security IP
SUNNYVALE, Calif. – Dec. 8, 2019 – Rambus Inc. (NASDAQ: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced the completed acquisition of the silicon IP, secure protocols and provisioning business from Verimatrix, formerly Inside Secure, for $45 million at closing, and up to an additional $20 million, subject to certain revenue targets for the transferred business for the calendar year 2020. The combined portfolio of products, including the secure silicon IP and provisioning solutions from both companies, creates the most comprehensive silicon-proven security IP portfolio in the industry.
“This acquisition is a natural fit for the company in line with our areas of focus in semiconductor,” said Luc Seraphin, president and CEO of Rambus. “The addition of this business from Verimatrix augments our portfolio of mission-critical embedded security products and expands our offerings for data center, AI, networking and automotive.”
Although this transaction will not materially impact 2019 financial results due to the timing of close and acquisition accounting, Rambus expects this acquisition to be accretive in 2020.
For more information, visit rambus.com/insidesecure.
|
Rambus Inc. Hot IP
Related News
- Rambus Signs Agreement to Acquire Silicon IP and Secure Protocols Business from Verimatrix
- Rambus to Acquire Silicon IP and Secure Protocols Business From Verimatrix, Creating Global Authority in Semiconductor Security IP
- Verimatrix Completes Sale of its Silicon IP Business Unit to Rambus
- Verimatrix signs a binding agreement to sell its Silicon IP business unit to Rambus
- Verimatrix Enters into Exclusivity Agreement to Sell its Silicon IP Business Unit to Rambus
Breaking News
- Alphawave Semi Opens Pune Office, Continues Expansion into India
- SynSense closes USD$10m Pre-B+round to bring their ultra-low-power vision processing SOC "Speck™" to mass production
- Global Fab Equipment Spending on Track for 2024 Recovery After 2023 Slowdown, SEMI Reports
- OPENEDGES Completes the Tapeout of the 7nm HBM3 Memory Subsystem (PHY & Memory Controller) Test chip
- Andes Custom Extension™ (ACE) Supports AndesCore™ 45-Series Processors to Provide Flexible Acceleration
Most Popular
- OPENEDGES Completes the Tapeout of the 7nm HBM3 Memory Subsystem (PHY & Memory Controller) Test chip
- SoftBank and EdgeCortix Partner to Jointly Realize Low-latency and Highly Energy-efficient 5G Wireless Accelerators
- Andes Custom Extension™ (ACE) Supports AndesCore™ 45-Series Processors to Provide Flexible Acceleration
- CEO Interview: Ian Lankshear, EnSilica
- Renesas to Acquire Panthronics to Extend Connectivity Portfolio with Near-Field Communication Technology
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |