Over the past few years, Rambus has evolved from a pure IP licensing business to a product-centric semiconductor company. Our diverse product portfolio currently includes memory and interfaces, along with security and smart sensor solutions.
The recent acquisition of Bell ID, along with its products, personnel and technologies, represents a strategic addition to our security division. Now an integral part of Rambus, Bell ID continues to help banks, governments and enterprises issue and manage credentials on smartphones, smart cards and connected devices. As an established leader in host card emulation (HCE), we are deployed worldwide and support all major cloud-based mobile payment platforms.
So, what’s next? Well, together we are accelerating efforts to develop and expand our suite of mobile solutions that support cloud-based services. This strategy will help us increase market opportunities via a larger set of solutions, programs and services. In a broader sense, Bell ID technology will also allow us to bolster our secure chip-to-Cloud-to-client device solutions.
For example, Rambus’ CryptoManager offers customers the ability to securely configure both silicon and devices during the manufacturing process. The platform can also be used to configure devices and optimize security “downstream,” allowing us to target a wide range of applications at the consumer level. Of course, smart ticketing (via Ecebs) and mobile payments (via Bell ID) are only two examples of market segments that will benefit from our integrated security portfolio.
Simply put, our security solutions can be thought of as a dynamic stack. At the base, we enable foundational security with our DPA technology, architecture and design. Moving up, CryptoManager, which features a hardware-based root of trust, facilitates secure provisioning and management. Meanwhile, mobile payments and smart ticketing represent the third, or top tier of the stack.
Since the acquisition of Bell ID, Rambus’ security division has successfully supported the integration of Android Pay for international issuing banks, payment schemes and processors; inked an agreement with First Data Poland to offer Cloud-based mobile payments as a service; helped Interac support Apple Pay in Canada and introduced Token Service Provider (TSP) services, which were jointly developed in collaboration with IBM and Everlink.
We are quite excited about additional opportunities that Bell ID’s expertise will help facilitate as we further solidify our leadership in the lucrative mobile payment space.