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 PLDA, an industry leader in Compute Express Link (CXL) and PCI Express (PCIe) digital solutions. Wilson Sonsini Goodrich & Rosati represented Rambus in the transaction with the assistance of TaylorWessing with regards to French law matters.
The data center industry is on the verge of a groundbreaking shift to disaggregated architectures that promise to dramatically improve performance, efficiency, and cost of ownership. CXL and PCIe will be critical enablers for these next-generation systems, delivering the high-speed interconnects between processors, accelerators, memory, and network devices needed to tackle demanding workloads in AI/ML and HPC applications. With the addition of the world-class digital IP and engineering expertise from PLDA, Rambus will further its leadership in these mission critical interconnect chips and IP solutions for the future data center.
The transaction is expected to close in the third calendar quarter of 2021. On June 16, 2021, Rambus also announced another acquisition of AnalogX, the leading provider of low power multi-standard connectivity SerDes IP solutions, and the commencement of a $100 million accelerated share repurchase program.
The Wilson Sonsini team that represented Rambus in the PLDA transaction includes:
M&A
Ethan Lutske
Emma Sarkisyan
Stacy Lee
Corporate
Michael Coke
Amanda Urquiza
Mary Chamaki
TTG
Audrey Garfield
Shivang Patel
Sarah delos Santos
Stephanie Stark
Tax
Myra Sutanto Shen
Sunny Dhaliwal
Privacy/Data Protection
Matthew Staples
Daniel Chen
Edward Ruse
ELG
Rebecca Stuart
Meaghan Snyder
Seralyn Fields
For more information, please see Rambus' press release.