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Semiconductors and Components

Rambus Boosts Cryptography Business with Smart Card Software Acquisition

28 January 2016

Semiconductor and IP vendor Rambus Inc. has acquired Smart Card Software Ltd. in an effort to bolster its cryptography research division. As part of the acquisition, valued at about $92.2 million, Rambus will also get the Bell Identification Ltd. and Ecebs Ltd. subsidiaries. These two subsidiaries are important to Rambus as Bell ID has a secure mobile payment platform and Ecebs has a smart ticketing platform both crucial features in Internet security.

Rambus senior VP and GM of the cryptography research division says in a statement, mobile payments and smart ticketing are big market growth opportunities and will allow Rambus “to leverage our foundational security technology to offer differentiated, value-added security solutions.”

Bell ID’s mobile payment technology supports cloud-based services using host card emulation (HCE), EMVCo tokenization (TSP), trusted services management (TSM) for SIM-based projects and embedded secure element solutions. Meanwhile, Ecebs smart ticking systems meets the growing demand for cloud-based, secure ticketing schemes, which can open up lower cost smart ticketing to a wider market, Rambus says.

Rambus says both of these technologies will help to expand its cryptography research portfolio of secure provisioning and management products.

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