PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Rambus, Inc.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Rambus to Acquire Snowbush IP Assets - Combination of leading suppliers accelerates position in SerDes IP and product offerings -
Rambus to Acquire Snowbush IP Assets


NewswireToday - /newswire/ - Sunnyvale, CA, United States, 2016/06/06 - Combination of leading suppliers accelerates position in SerDes IP and product offerings - NASDAQ: RMBS

Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Rambus, Inc. today announced it has entered into a definitive agreement to acquire the assets of Semtech’s Snowbush IP for $32.5 million as well as additional payments based upon specific new product sales through the end of 2022. Snowbush IP, formerly part of Semtech’s Systems Innovation Group, is a leading provider of silicon-proven, high-performance serial link solutions. The acquisition strengthens Rambus’ position in high-growth spaces and meets customer needs in the server, networking and data center market.
“Our strategy is to look for opportunities in critical segments that will enhance our roadmap, especially in ways that will propel growth in profitable markets,” said Dr. Ron Black, president and chief executive officer at Rambus. “By adding Snowbush IP into our portfolio, we are bolstering our SerDes business and accelerating our product position. This acquisition, along with our memory IP cores and chip business, will further build upon the existing product opportunities and expand our foundry partnerships.”

Snowbush IP has a long history of providing advanced analog and mixed-signal IP for ASSP, ASIC, and SoCs. The platform architectures developed for advanced SerDes products, along with high-speed IP cores, offer cost savings opportunities and can expand the Rambus product offerings by integrating industry-leading IP cores, patents and other assets.

This acquisition remains subject to customary closing conditions and is expected to close during the third quarter of 2016. These acquired technologies will be part of the Rambus Memory and Interfaces Division and Rambus expects this acquisition to be accretive within 18-24 months.

Conference Call
Rambus management will host a conference call at 6:00 am. PT today to discuss this acquisition. The call will be webcast and available online at A replay will be available following the call as a webcast on the Rambus Investor Relations website and for one week at the following numbers: (855) 859-2056 (domestic) or (404) 537-3406 (international) with ID# 27758927.

About Rambus Memory and Interfaces Division (MID)
The Rambus Memory and Interfaces Division develops products and services that solve the power, performance, and capacity challenges of the mobile, connected device, and cloud computing markets. Rambus enhanced standards-compatible and custom memory and serial link solutions include chips, architectures, memory and chip-to-chip interfaces, DRAM, IP validation tools, and system and IC design services. Developed through our system-aware design methodology, Rambus products deliver improved time-to-market and first-time-right quality.

About Rambus, Inc.
Rambus ( creates cutting-edge semiconductor and IP products, spanning memory and interfaces to security, smart sensors and lighting. Our chips, customizable IP cores, architecture licenses, tools, services, training and innovations improve the competitive advantage of our customers. We collaborate with the industry, partnering with leading ASIC and SoC designers, foundries, IP developers, EDA companies and validation labs. Our products are integrated into tens of billions of devices and systems, powering and securing diverse applications, including Big Data, Internet of Things (IoT), mobile, consumer and media platforms. At Rambus, we are makers of better.

Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as amended, including statements regarding the potential benefits and incorporation of the acquired technologies into the Rambus Memory and Interfaces division, expected addition to pro forma earnings within 18-24 months, growth opportunities of the SerDes market, and the ability to bolster the Rambus IP and product offerings. These forward-looking statements are based on current expectations, estimates, assumptions and projections that are subject to change. Actual results may differ materially from the forward-looking statements due to a variety of factors including, but not limited to, risks and uncertainties described from time to time in Rambus’ annual report on Form 10-K, quarterly reports on Forms 10-Q and other periodic filings with the Securities and Exchange Commission. All forward-looking statements are made as of the date of this press release and Rambus does not undertake any obligation to update any forward-looking statements based on new developments or changes in expectations.

Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: Rambus, Inc.


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!

Rambus to Acquire Snowbush IP Assets

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Rambus, Inc. | Snowbush IP Assets
Publisher Contact: Hilary Costa - Racepoint Global for Rambus 
415-694-6705 hcosta[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Rambus, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Rambus, Inc. / Company Profile

Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

AURIX™ Microcontroller TC3xx Family of Infineon Fuels Automated Driving and Electromobility
Infineon and Argus Enhance the Security of the Connected and Automated Car and Present A Cyber Security Solution for Central Gateway Protection
Partitionware Selects Dialogic® DSI STP Solution to Extend Networking Services
RC-E Discrete IGBTs from Infineon Allow for Drop-in Replacement with Benchmark for Price/performance
Optimisation of Expanding Radio Access Networks Boosts Strong Demand for Testing Finds Frost & Sullivan
Spellman to Introduce New LPX300 Portable X-Ray System for NDT Applications At ASNT Conference in Long Beach, California
Dialogic Announces Software Subscription Plans
Europe Surpasses North America as the Largest Smart Gas Meter Market Finds Frost & Sullivan
Frost & Sullivan Lauds U.S. Tsubaki Power Transmission’s Broad Product Portfolio that Addresses Customer Requirements for Top Quality
OptiMOS™ 5 150 V Delivers A Breakthrough Reduction in On-state Resistance and Reverse Recovery Charge
New Automotive Lighting Revolutionizes Road Safety
LORD Launches New 3DM-GX5 Inertial Sensor with Best-in-Class GNSS/INS Technology
Bruker Introduces Enhanced Wine-Profiling Module 3.1 for its NMR FoodScreener™
Dialogic Awarded 2016 INTERNET TELEPHONY TMC Labs Innovation Award
GE Partners with NASSCOM & Deloitte to Release Report ‘IoT: A Revolution in the Making’

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit  Intrinsic Executive Search Ltd

Visit  La Bella Bakery Artisan Bakery Arizona

  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (