Rambus today announced it has acquired privately-held
Unity Semiconductor, a 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 solutions
for next-generation non-volatile memory. This
acquisition will expand the breadth of Rambus' 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.
"With the addition of Unity, we can develop
non-volatile memory solutions that will advance
semiconductor scaling beyond the limits of today's
NAND technology. This will enable new memory
architectures that help meet ever-increasing consumer
demands," said Sharon Holt, senior vice president and
general manager of the Semiconductor Business Group at
Rambus.
Unity has developed a solid state memory technology
intended to replace NAND in the growing non-volatile
memory market. Devices using CMOx cell technology are
expected to achieve higher density, faster
performance, lower manufacturing costs and greater
data reliability than NAND Flash.