For the quarter, license revenues — collected when a company agrees to use a MIPS processor design — fell 47% to $5.8 million from $10.9 million during the year-ago period.
Royalty revenues — collected on every MIPS design its licensees stamp out — fell 5% to $11.8 million compared to the year ago quarter.
MIPS shares fell $1.60, or 26.23%, to $4.50 in after-hours trading Thursday August 4, 2011.
MoSys, Inc. has assembled a formidable list of partners to assist in fulfilling MoSys’ current mission. Below are the partner logos. For more details, go to http://mosys.com/company-partner.php
Mosys self description
MoSys, Inc. (NASDAQ: MOSY) is a leading provider of serial chip-to-chip communications solutions that deliver unparalleled bandwidth performance for next generation networking systems. MoSys' Bandwidth Engine ® family of ICs combines the company's patented 1T-SRAM ® high-density memory with its high-speed interface technology. A key element of Bandwidth Engine technology is the GigaChip(TM) Interface, an open, short-reach, low-power serial interface developed by MoSys to enable highly efficient, high-bandwidth, low-latency performance not achievable using currently available serial protocols. MoSys' IP portfolio includes silicon proven SerDes and DDR3 PHYs that support a wide range of data rates across a variety of standards and 1T-SRAM memory cores that provide a combination of high-density, low power consumption, high-speed and low cost advantages for high-performance networking, computing, storage and consumer/graphics applications. MoSys is headquartered in Santa Clara, California. More information is available on MoSys' website at WWW.MOSYS.COM
Rambus Completes Acquisition of Cryptography Research
On June 6, 2011 Rambus Inc. (NASDAQ: RMBS) announced the closing of its acquisition of Cryptography Research, Inc. (CRI), a leading semiconductor security R&D and licensing company. The acquisition expands the breadth of Rambus' breakthrough technologies available for licensing with patented innovations and solutions for content protection, network security, anti-counterfeiting and financial services. Nearly all of CRI's employees have joined Rambus following the close of the acquisition and will continue operations at CRI's San Francisco, CA office. Rambus announced the definitive agreement to acquire CRI on May 12, 2011.
"CRI's technology is critical to securing a broad spectrum of electronic systems against piracy or unauthorized access which is of growing strategic importance in our increasingly connected world," said Harold Hughes, president and chief executive officer at Rambus.
Hughes continued, "Harnessing the power of our world-class innovation and licensing platform, the addition of CRI to our semiconductor, and lighting and display businesses, will contribute significantly to accelerating our revenue growth."
Over five billion semiconductor products secured by CRI's technology are made under license annually. Key technologies developed by CRI include differential power analysis (DPA) countermeasures. DPA attacks involve monitoring the fluctuating electrical power consumption of a target device and then using advanced statistical methods to derive cryptographic keys and other secrets. With CRI's DPA countermeasures, electronic systems and security devices, such as smart cards, are protected from DPA attacks.
In addition, CRI offers anti-piracy and anti-counterfeiting solutions including CryptoFirewall™ technology. The CryptoFirewall core is a separate, on-chip, hardware-based security block that protects cryptographic keys and computations from attack. CryptoFirewall solutions can be used across a broad spectrum of applications including Pay TV security and counterfeit protection of products such as printer consumables.
Internationally renowned cryptographer Paul Kocher, and his team of engineers and scientists at CRI, have joined Rambus to continue to innovate in the vital area of semiconductor and system security. Mr. Kocher will serve as SVP and president of Cryptography Research, reporting to Martin Scott, SVP and general manager of the New Business Group at Rambus.
Rambus intends to support CRI's current licensees, as well as continuing to invest in CRI to deliver the full benefit of Rambus' world-class innovation and licensing platform.
In 2009, Frost & Sullivan awarded the company the World Smart Card Technology Leadership of the Year Award, noting that the company is "one of the highest-volume and highest-value technology licensors in the semiconductor industry" and that "more than 4 billion security chips are produced under its licenses every year".
The acquisition of CRI is for $167.5 million in cash, approximately 6.4 million newly issued shares of Rambus stock, and $50 million payable to CRI employees in cash or stock over three years. While the accounting for the transaction is not yet finalized, Rambus estimates that on a non-GAAP basis, this acquisition will be accretive to earnings per share in fiscal 2013.
2011 – Company acquired by Rambus
2010 - More than 5 billion chips licensed per year
2009 - More than 3 billion chips licensed per year
2008 - More than 1 billion chips licensed per year
2007 - SPDC business unit sold to Macrovision
2005 - BD+ adopted by Blu-ray Disc
2003 - Introduction of Self-Protecting Digital Content
2002 - First CryptoFirewall chips launched for Pay TV
2002 - Public announcement of DPA Workstation™ platform
1998 - Design of record breaking DES key search machine