EX-99.1
2
ex991121409.htm
EX-99.1
ex991121409.htm
Exhibit
99.1
NEWS RELEASE
RAMBUS
ACQUIRES PATENTED INNOVATIONS AND TECHNOLOGY FROM GLOBAL LIGHTING
TECHNOLOGIES
Newly acquired
advanced lighting and optoelectronics innovations broaden solutions for
computing and consumer applications
LOS ALTOS, CA
-
December 14, 2009
- Rambus
Inc. (NASDAQ: RMBS), one of the world's premier technology licensing companies,
today announced it has acquired technology and a portfolio of advanced lighting
and optoelectronics patents from Global Lighting Technologies Inc. (GLT). These
patented innovations, which include MicroLens™ light distribution technology,
broaden Rambus' solutions for computing and consumer electronics. As
part of this agreement, Rambus will pay GLT $26 million.
In
addition, it is expected that twelve people will join Rambus from GLT including
Jeff Parker, GLT's co-founder, former chief executive officer and principal
inventor. Most of those joining from GLT will form a new Lighting
Technology Division led by Mr. Parker. He and his engineering team
will continue the development of Rambus' newly acquired innovations and provide
complete lighting solutions for customers based on this breakthrough
technology. Also joining Rambus is Chris Pickett, formerly GLT's
president of the Licensing Division and general counsel, who will serve as
senior licensing executive for the new Lighting Technology
Division.
A key
application area for the acquired innovations is light emitting diode (LED)
backlighting of liquid crystal displays (LCD). LED backlighting solutions are
increasingly pervasive in LCD displays for computers, mobile phones, gaming
systems and HDTVs, offering advantages in image quality, power efficiency and
reliability. These newly acquired innovations enable cost-effective and
ultra-thin form factor LCD displays. They are also important for new
applications such as advanced LED-based general lighting solutions.
"Adding
these breakthrough innovations to our portfolio advances our mission of
enriching the consumer experience of electronic systems", said Harold Hughes,
president and chief executive officer of Rambus. "Through the work of Jeff
Parker and his team, we will continue to enhance the display of games, movies
and images on computers and consumer electronic products".
"Rambus'
long history of creating and licensing leadership solutions makes it the ideal
home for this advanced lighting and optoelectronics technology", said Jeff
Parker, senior vice president Lighting Technology Division of
Rambus. "There are tremendous business and technical synergies
created by this acquisition. Rambus' extensive system and integration expertise
greatly complements our new LED-based solutions for bright, thin and vibrant
displays."
As a
premier technology licensing company, Rambus can accelerate the market adoption
of LED backlighting solutions across a broad range of applications. Through this
agreement, Rambus has acquired 84 issued patents encompassing numerous
innovations in advanced lighting and optoelectronics. GLT will continue its
operations as a leading developer and manufacturer of display backlighting
products and now becomes a Rambus licensee for the newly acquired patents and
technology.
Rambus
management will discuss this acquisition during a special conference call today
at 3:00 p.m. PT. The call will be webcast and can be accessed through the Rambus
website. A replay will be available following the call on Rambus' Investor
Relations website or for one week at the following numbers: (888) 203-1112
(domestic) or (719) 457-0820 (international) with ID# 3063402.
About
Rambus Inc.
Rambus is
one of the world's premier technology licensing companies. Founded in 1990, the
Company specializes in the invention and design of architectures focused on
enhancing the end user experience of computing, communications and consumer
electronics applications. Rambus' patented innovations and breakthrough
technologies in the area of high-speed memory architectures and complementary
technologies have helped industry-leading chip and system companies bring
superior products to market. Rambus' technology and renowned integration
expertise solve some of the most complex chip and system-level interface
challenges. Rambus licenses both its world-class patent portfolio as well as its
family of leadership and industry-standard interface products. Headquartered in
Los Altos, California, Rambus has regional offices in North Carolina, Ohio,
India, Germany, Japan, and Taiwan. Additional information is available at
www.rambus.com
.
Forward
Looking Statements
This
press release contains forward-looking statements related to the acquisition of
patented innovations and technology from Global Lighting Technologies.
Actual events or results may differ materially from those contained in the
forward-looking statements. Please refer to the documents Rambus files
from time to time with the SEC, including Rambus' most recent Form 10-K and Form
10-Q and the Current Report on Form 8-K filed by Rambus regarding the adoption
of FASB Staff Position APB 14-1. These SEC filings contain and identify
important factors that could cause Rambus' consolidated financial results to
differ materially from those contained in Rambus' forward-looking
statements. Although Rambus believes that the expectations reflected in
the forward-looking statements are reasonable, Rambus cannot guarantee future
results, levels of activity, performance, or achievements. Rambus is under no
duty to update any of the forward-looking statements after the date of this
press release to conform to actual results.
###
RMBSTN
Press
Contacts:
Linda
Ashmore
Rambus
Public Relations
(650)
947-5411
lashmore@rambus.com

EX - 99 . 1 2 ex991121409 . htm EX - 99 . 1 ex991121409 . htm Exhibit 99 . 1 NEWS RELEASE RAMBUS ACQUIRES PATENTED INNOVATIONS AND TECHNOLOGY FROM GLOBAL LIGHTING TECHNOLOGIES Newly acquired advanced lighting and optoelectronics innovations broaden solutions for computing and consumer applications LOS ALTOS , CA - December 14 , 2009 - Rambus Inc . ( NASDAQ : RMBS ) , one of the world 's premier technology licensing companies , today announced it has acquired technology and a portfolio of advanced lighting and optoelectronics patents from Global Lighting Technologies Inc . ( GLT ) . These patented innovations , which include MicroLens ™ light distribution technology , broaden Rambus ' solutions for computing and consumer electronics . As part of this agreement , Rambus will pay GLT $ 26 million . In addition , it is expected that twelve people will join Rambus from GLT including Jeff Parker , GLT 's co - founder , former chief executive officer and principal inventor . Most of those joining from GLT will form a new Lighting Technology Division led by Mr . Parker . He and his engineering team will continue the development of Rambus ' newly acquired innovations and provide complete lighting solutions for customers based on this breakthrough technology . Also joining Rambus is Chris Pickett , formerly GLT 's president of the Licensing Division and general counsel , who will serve as senior licensing executive for the new Lighting Technology Division . A key application area for the acquired innovations is light emitting diode ( LED ) backlighting of liquid crystal displays ( LCD ) . LED backlighting solutions are increasingly pervasive in LCD displays for computers , mobile phones , gaming systems and HDTVs , offering advantages in image quality , power efficiency and reliability . These newly acquired innovations enable cost - effective and ultra - thin form factor LCD displays . They are also important for new applications such as advanced LED - based general lighting solutions . " Adding these breakthrough innovations to our portfolio advances our mission of enriching the consumer experience of electronic systems " , said Harold Hughes , president and chief executive officer of Rambus . " Through the work of Jeff Parker and his team , we will continue to enhance the display of games , movies and images on computers and consumer electronic products " . " Rambus ' long history of creating and licensing leadership solutions makes it the ideal home for this advanced lighting and optoelectronics technology " , said Jeff Parker , senior vice president Lighting Technology Division of Rambus . " There are tremendous business and technical synergies created by this acquisition . Rambus ' extensive system and integration expertise greatly complements our new LED - based solutions for bright , thin and vibrant displays . " As a premier technology licensing company , Rambus can accelerate the market adoption of LED backlighting solutions across a broad range of applications . Through this agreement , Rambus has acquired 84 issued patents encompassing numerous innovations in advanced lighting and optoelectronics . GLT will continue its operations as a leading developer and manufacturer of display backlighting products and now becomes a Rambus licensee for the newly acquired patents and technology . Rambus management will discuss this acquisition during a special conference call today at 3 : 00 p.m. PT . The call will be webcast and can be accessed through the Rambus website . A replay will be available following the call on Rambus ' Investor Relations website or for one week at the following numbers : ( 888 ) 203 - 1112 ( domestic ) or ( 719 ) 457 - 0820 ( international ) with ID # 3063402 . About Rambus Inc . Rambus is one of the world 's premier technology licensing companies . Founded in 1990 , the Company specializes in the invention and design of architectures focused on enhancing the end user experience of computing , communications and consumer electronics applications . Rambus ' patented innovations and breakthrough technologies in the area of high - speed memory architectures and complementary technologies have helped industry - leading chip and system companies bring superior products to market . Rambus ' technology and renowned integration expertise solve some of the most complex chip and system - level interface challenges . Rambus licenses both its world - class patent portfolio as well as its family of leadership and industry - standard interface products . Headquartered in Los Altos , California , Rambus has regional offices in North Carolina , Ohio , India , Germany , Japan , and Taiwan . Additional information is available at www.rambus.com . Forward Looking Statements This press release contains forward - looking statements related to the acquisition of patented innovations and technology from Global Lighting Technologies . Actual events or results may differ materially from those contained in the forward - looking statements . Please refer to the documents Rambus files from time to time with the SEC , including Rambus ' most recent Form 10 - K and Form 10 - Q and the Current Report on Form 8 - K filed by Rambus regarding the adoption of FASB Staff Position APB 14 - 1 . These SEC filings contain and identify important factors that could cause Rambus ' consolidated financial results to differ materially from those contained in Rambus ' forward - looking statements . Although Rambus believes that the expectations reflected in the forward - looking statements are reasonable , Rambus can not guarantee future results , levels of activity , performance , or achievements . Rambus is under no duty to update any of the forward - looking statements after the date of this press release to conform to actual results . # # # RMBSTN Press Contacts : Linda Ashmore Rambus Public Relations ( 650 ) 947 - 5411 lashmore@rambus.com