# Cadence to acquire Rambus PHY IP business

Cadence Design Systems has agreed to acquire the SerDes and memory interface PHY IP business from Rambus Inc. The transaction is expected to close in the third calendar quarter of 2023.

- Type: Acquisition
- Announced: 2023-07-20
- Where: San Jose, California, United States
- Status: announced
- Products: SerDes PHY IP, memory interface PHY IP
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cadence Design Systems](https://endata.com/companies/27778.md) (acquirer)
- [Rambus](https://endata.com/companies/40929.md) (target)

## Sources

- [newsroom.cadence.com](https://newsroom.cadence.com/press-releases/press-release-details/2023/Cadence-to-Acquire-Rambus-PHY-IP-Assets-07-20-2023/default.aspx), 2023-07-20: "Cadence Design Systems, Inc. and Rambus Inc. today announced that they have entered into a definitive agreement for Cadence to acquire the Rambus SerDes and memory interface PHY IP business."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.