Rambus Acquires Unity Semiconductor
Rambus Inc., one of the world's premier technology licensing companies, today announced it has acquired privately-held Unity Semiconductor, an innovative memory technology company for an aggregate of $35 million in cash. As part of this acquisition, the Unity team members have joined Rambus to continue developing innovations and solutions for next-generation non-volatile memory. This acquisition will expand the breadth of Rambus' breakthrough memory technologies and will open up new markets for licensing. The boards of directors of both companies have approved the acquisition and it has closed.