On June 16, 2021, Rambus Inc., a provider of industry-leading chips and silicon IP making data faster and safer, announced it has signed an agreement to acquire AnalogX, the leading provider of low power multi-standard connectivity SerDes IP solutions. Wilson Sonsini Goodrich & Rosati advised Rambus on the transaction with the assistance of Faskin regarding Canadian law matters.
This acquisition augments the Rambus family of PCIe 5.0 and 32G Multi-protocol PHYs with SerDes technology specifically built for ultra-low power and very low latency, expanding the addressable applications and available process nodes. AnalogX's expertise in DSP-based design and PAM4 signaling accelerates the Rambus roadmap for PCIe 6.0 and CXL 3.0 solutions and will provide critical building blocks for the CXL Memory Interconnect Initiative.
The transaction is expected to close in the third calendar quarter of 2021. On June 16, 2021, Rambus also announced another acquisition of PLDA, an industry leader in Compute Express Link (CXL) and PCI Express (PCIe) digital solutions, and the commencement of a $100 million accelerated share repurchase program.
The Wilson Sonsini team that represented Rambus in the AnalogX transaction includes:
M&A
Douglas Schnell
Nikkisha Smith
Stacy Lee
Corporate
Michael Coke
Amanda Urquiza
Mary Chamaki
TTG
Audrey Garfield
Rosalind Schonwald
Morgan Dudkewitz
Tax
Myra Sutanto Shen
Sunny Dhaliwal
Privacy/Data Protection
Matthew Staples
Daniel Chen
Dantam Le
ELG
Rebecca Stuart
Meaghan Snyder
For more information, please see Rambus' press release.