Rambus on Thursday said it has agreed to acquire security technology company Cryptography Research (CRI) for US$342.5 million in a cash and stock deal. The move could help the company address interest among chip makers to add security features on hardware.

Rambus, which develops and licenses memory technology, said the acquisition will expand its semiconductor licensing portfolio to include CRI’s intellectual property (IP) for content protection, network security and anti-counterfeiting. More >>

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