To increase content protection, network security, anti-counterfeiting and financial services offerings portfolio
Rambus, a California-based technology licensing company, has signed a definitive agreement to acquire privately-held Cryptography Research (CRI), a semiconductor security R&D and licensing company.
Rambus will pay $342.5m, comprising $167.5m in cash, approximately 6.4 million shares of Rambus stock, and $50m payable to CRI employees in cash or stock over three years.
Through this acquisition, Rambus will expand the breadth of its technologies available for licensing with complementary technologies from CRI, said the company.
Rambus president and chief executive officer Harold Hughes said the addition of CRI’s security technology is a pivotal step in their strategy to extend their IP leadership and aggressively drive their revenue growth.
"Combined with our complementary semiconductor, and lighting and display technologies, we will create an unrivaled set of innovations and offerings critical for a broad range of electronics, with particular focus on the fast growing mobile market," Hughes said.
CRI is a provider of DPA counter-measures offering. DPA attacks involve monitoring the fluctuating electrical power consumption of a target device and then using advanced statistical methods to derive cryptographic keys and other secrets.
In addition, CRI offers anti-piracy and anti-counterfeiting offerings including CryptoFirewall technology. The CryptoFirewall core is a separate, on-chip, hardware-based security block that protects cryptographic keys and computations from attack.