SUNNYVALE, Calif., August 27, 2019 — Rambus Inc., a premier silicon IP and chip provider making data faster and safer, today announced the completion of the previously-disclosed acquisition of Northwest Logic, a leading supplier of memory, PCIe and MIPI digital controllers. This acquisition allows Rambus to further scale, bringing together high-speed design expertise with the physical and digital IP families from renowned market leaders to offer comprehensive memory and SerDes IP solutions for chip designers.
“Northwest Logic’s product lineup and expertise is a great complement to our current portfolio, expanding and deepening our high-speed interface offerings in a wide array of high-performance markets,” said Luc Seraphin, president and CEO, Rambus. “The addition of their solutions and technology serves a critical role in driving Rambus’ continued focus on our core strengths in semiconductor.”
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.
About Rambus Inc.
Dedicated to making data faster and safer, Rambus creates innovative hardware, software and services that drive technology advancements from the data center to the mobile edge. Our architecture licenses, IP cores, chips, software, and services span memory and interfaces, security, and emerging technologies to positively impact the modern world. We collaborate with the industry, partnering with leading chip and system designers, foundries, and service providers. Integrated into tens of billions of devices and systems, our products and technologies power and secure diverse applications, including Big Data, Internet of Things (IoT) security, mobile payments, and smart ticketing. For more information, visit rambus.com.
Source: Rambus Inc.