Technology licensing company Rambus (NASDAQ:RMBS) announced Monday it has acquired the lighting and display portfolio of privately held Imagine Designs Inc. No financial details were disclosed.
The portfolio includes the technology for general lighting, LCD backlighting, and microelectromechanical system (MEMS) displays. In addition, Imagine Designs' founder and Brian Richardson will join Rambus as a technical director in the Lighting and Display technology business.
"This acquisition complements our portfolio of leading-edge technology, allowing us to provide a wider range of solutions to our customers for their next-generation LED based lighting and display products," said president of the unit at Rambus, Jeff Parker.
California-based Rambus specializes in enhancing the end-user experience of electronic systems through its various technologies.