IDG News Service - Rambus on Thursday said it has agreed to acquire security technology company Cryptography Research (CRI) for $342.5 million in a cash and stock deal. The move could help the company address interest among chip makers to add security features on hardware.
Rambus, which develops and licenses memory technology, said the acquisition will expand its semiconductor licensing portfolio to include CRI's intellectual property (IP) for content protection, network security and anti-counterfeiting.
CRI is run by noted cryptographer Paul Kocher, who has been credited with helping author the SSL (Secure Sockets Layer) 3.0 standard. CRI's licensees include Samsung, Toshiba, Infineon, Microsoft, and NXP. Rambus said that over five billion semiconductor products are made annually under CRI's license.
Rambus is primarily known as a memory technology company for PCs and servers. The company recently expanded its range of offerings to include LEDs (light-emitting diodes) and mobile devices.
CRI's security technologies could apply across a range of technologies in Rambus' IP portfolio, Rambus’ CEO Harold Hughes said in a statement.
"With many billions of connected devices conducting electronic transactions, storing important personal data, and delivering copyrighted content, the needs for security are paramount," Hughes said.
Rambus licenses IP to chip makers, who are increasingly interested in adding security features on hardware. Intel in February completed the acquisition of security company McAfee for $7.68 billion. Intel at the time said that McAfee would help boost its software and on-chip security offerings.
- Best iPhone, iPad Business Apps for 2014
- 14 Tech Conventions You Should Attend in 2014
- 10 Desktop Apps to Power Your Windows PC
- How to Add New Job Skills Without Going Back to School
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- 4 Customers who never have to refresh their PCs again This paper illustrates a common theme: the combination of desktop virtualization and thin client computing helps organizations deliver an up-to-date user experience more...
- Mobile Devices: The New Thin Clients Get essential guidance for understanding the role thin clients plus virtual desktops play in the enterprise today.
- Taking Windows Mobile on Any Device Taking Windows applications mobile has many advantages, but the process of identifying a solution is complex. Learn how to solve this complex problem...
- PaaS - Powering a New Era of Business IT Why PaaS has suddenly become relevant and irresistible to many organizations. Dive into the opportunities and considerations associated with using PaaS from an...
- Redefine Your IT Operations: Remote Office IT Has Never Been Simpler Join us to see why PC Pro named Dell PowerEdge VRTX the "2013 Server of the Year." PowerEdge VRTX may be just what...
- Four Myths of High-Productivity App Dev Debunked Debunk the main myths surrounding high-productivity application development and how both platforms have overcome them. All Hardware White Papers | Webcasts