California-based provider of industry-leading chips and silicon IP, Rambus Inc. (NASDAQ: RMBS) completes the acquisition of PLDA, the developer and licensor of semiconductor IP.
The acquisition adds more muscles to Rambus’ digital controller offerings with complementary CXL 2.0, PCIe 5.0 and PCIe 6.0 controller and switch IP. The deal also helps the company gain critical building blocks for its CXL Memory Interconnect Initiative.
“CXL and PCIe are critical enablers for next-generation data centers that will deliver the high-speed interconnects needed to tackle demanding workloads in AI/ML and HPC applications,” said Luc Seraphin, president and CEO of Rambus. “The addition of PLDA’s world-class digital IP and engineering expertise accelerates our roadmap and expands our market opportunity, and we are excited to welcome them to the team.”
Although this transaction will not materially impact 2021 financial results due to the timing of close and acquisition accounting, Rambus expects this acquisition to be accretive in 2022.
