Friday, September 6, 2019
Rambus has announced it has entered into an exclusivity agreement to acquire the Silicon IP, Secure Protocols and Provisioning business from Verimatrix, formerly Inside Secure.
Verimatrix is a global provider of security and analytics solutions that protect devices, services and applications.
With this acquisition will combine the two company's embedded security teams and bring together over 25-years experience in developing leading-edge security IP.
As hardware-based security has become mission critical for protecting the SoCs and devices in demanding applications such as AI, Networking, IoT and Automotive, the integrated portfolio of products, which will combine the secure silicon IP and provisioning solutions from both companies, will create a comprehensive silicon-proven security IP offering.
“The embedded security team at Verimatrix has a well-recognised and long-standing history of providing security at the heart of SoCs,” said Luc Seraphin, president and CEO of Rambus. “Their combination of products and expertise is highly complementary to our existing business and will expand our global reach for our worldwide security customer base.”
“The Silicon IP, Secure Protocols and Provisioning business from Verimatrix is at the forefront of securing connected semiconductors,” said Amedeo D’Angelo, chairman and CEO of Verimatrix. “Integrating the Verimatrix embedded security team into Rambus will deliver the most comprehensive portfolio of security solutions in the industry.”
With the growing threat environment, it is increasingly important to protect complex electronic systems at their foundation with hardware-based security IP solutions, including crypto cores, hardware root of trust, and high-speed protocol engines.
According to Rambus, this acquisition will enable it to provide solutions to address customer’s security challenges with a portfolio of resilient and deployable embedded security products.
The transaction is expected to close this year and will be subject to customary signing and closing conditions.
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