January 24, 2011 -- Rambus Inc. (NASDAQ: RMBS), technology licensing company, acquired the lighting and display portfolio of patents and technology from privately held Imagine Designs Inc. The patented innovations include technology for general lighting, LCD backlighting, and microelectromechanical system (MEMS) displays.
"This acquisition complements our portfolio...allowing us to provide a wider range of solutions to our customers for their next-generation LED-based lighting and display products," said Jeff Parker, president of Lighting and Display Technology at Rambus.
Imagine Designs' founder and principal inventor Brian Richardson will join Rambus as a technical director in the Lighting and Display Technology business. Richardson joins Rambus to continue the development of innovations and solutions for general lighting and displays. In addition, Pete Pappanastos has joined Rambus as a director of strategic development for the Lighting and Display Technology business. Rambus intends to support and further build the customer relationships and momentum that Imagine Designs established in the entertainment, architecture, street light and general lighting markets.
Rambus specializes in the invention and design of architectures focused on enriching the end-user experience of electronic systems. Additional information is available at www.rambus.com.