Rambus is to buy 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, provides serial link IP.

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,” says Rambus CEO Dr. Ron Black, “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 provides analog and mixed-signal IP for ASSP, ASIC, and SoCs. The platform architectures developed for SerDes products, along with high-speed IP cores, offer cost savings opportunities and can expand the Rambus product offerings by integrating IP cores, patents and other assets.

These acquired technologies will be part of the Rambus Memory and Interfaces Division.

By: DocMemory
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