With hardware-based security becoming a key priority, semiconductor IP company Rambus Inc. has agreed 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.
Terms of the deal were not available.
The acquisition enables Rambus to leverage Verimatrix’s leading-edge hardware security IP, considered mission-critical for protecting SoCs and devices in 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 portfolio of silicon-proven security IP.
“The embedded security team at Verimatrix has a well-recognized and long-standing history of providing security at the heart of SoCs,” said Luc Seraphin, president and CEO of Rambus, in a statement. “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., in a statement. “Integrating the Verimatrix embedded security team into Rambus, a recognized leader in hardware-based security, will deliver the most comprehensive portfolio of security solutions in the industry.”