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Press Releases

Rambus Closes Sale of Payments and Ticketing Businesses to Visa

For more information, please visit Visa here.

Divestiture reinforces Rambus’ focus on core strength in semiconductor and accelerated growth in silicon IP and chips

SUNNYVALE, Calif. – Oct. 22, 2019 – Rambus (NASDAQ: RMBS), a premier silicon IP and chip provider dedicated to delivering data faster and safer, today announced the completion of the previously-announced sale of its Payments and Ticketing businesses to Visa (NYSE: V).

“With 30 years of experience pushing the envelope in semiconductor design, we look toward a future of continued innovation to carry on our mission of making data faster and safer,” said Rambus president and CEO Luc Seraphin. “We’re excited to have found an acquirer that will provide the Payments and Ticketing businesses a platform for continued success. Completing this transaction is a critical step forward in refocusing and accelerating the growth of our core semiconductor businesses.”

The sale marks another key milestone in the ongoing execution of Rambus’ strategy, delivering on its core strengths in high-speed interface IP and chips, and embedded security.

Rambus and Infineon Team Up to Bring Global Smart Card and Mobile Ticketing Offerings to Transport

End-to-end CIPURSE solution to extend worldwide reach, providing flexibility, innovation and security key to future mobility services

SUNNYVALE, Calif. and Glasgow, UK – May 29, 2019 – Rambus Inc. (NASDAQ: RMBS), a technology leader in smart ticketing solutions for public transport, today announced a new strategic collaboration with Infineon Technologies AG, a global leader in semiconductor solutions, to jointly promote smart ticketing solutions for mobile and smart cards that will drive the next generation of mobility services worldwide. Both companies will combine their expertise on the CIPURSE™ open standard for mobile and smart card ticketing to provide end users the most comprehensive choice of solutions for future proof transport ticketing solutions.

CIPURSE™ is an open standard supported by a global community of members of the OSPT Alliance. As key supporters and board members of the OSPT Alliance, Rambus and Infineon recognise the trust and integrity CIPURSE™ provides as a platform upon which to build a flexible and secure interoperable ticketing proposition.

With extensive experience implementing scalable smart mobile ticketing solutions, Rambus will bring its Host Card Emulation (HCE) Ticket Wallet Service and Remote Ticket Download (RTD) solutions to the collaboration, providing secure download and storage of tickets on NFC-enabled smartphones and the ability to deliver tickets remotely to smartcards. Along with Infineon’s CIPURSE™ smart ticketing products, the companies will both be able to better deliver a high level of security for the international smart ticketing market, with mobile and smart card ticketing working in tandem.

Russell McCullagh, vice president and general manager of Rambus Ticketing commented: “Through our collaboration with Infineon, we will be able to increase global trust and awareness of the benefits of this open standards-based approach, which can help make public transport ticketing more accessible for all transport scenarios, whether passengers are on rail, bus or ferry.”

Bernardo Knoblich, head of Transport Ticketing Product Line of Infineon Technologies said: “Our expanded collaboration with Rambus is underlining Infineon’s commitment to open standards-based solutions. Innovative services where smart card-based ticketing is deployed along with mobile solutions on a global scale will improve user convenience and hence drive adoption of new mobility services.”

For more information on the Rambus Smart Ticketing solutions, visit rambus.com/smart-ticketing.

Rambus and Worldline Widen Collaboration in UK Rail

Partner to deliver ITSO smart tickets on-train and at stations

SUNNYVALE, CA and London, UK – January 29, 2019 – Rambus Inc. (NASDAQ: RMBS), a global leader in smart ticketing, and Worldline, a European market leader in payments and transactional services, today announced the expansion of their collaboration to deliver innovation into UK rail. With the integration of Rambus remote ticket download (RTD) software, Worldline can now deliver ITSO-based smart tickets to customer smartcards with their @Station and Mobile Ticket Issuing Service (MTIS),  providing passengers with a reliable and more convenient ticketing experience.

Paving a frictionless future for the UK with industry-proven technology

Rambus has extensive experience deploying robust and secure ticketing solutions which support rail, subway, bus, tram and ferry smart ticketing operations. Worldline, Europe’s largest payments company, provides solutions to many UK rail franchises who can now directly benefit from this leading technology for issuing smart tickets which lays the foundation for contactless rail journeys. This next-generation ticketing solution will greatly enhance access for customers who will be able to collect tickets at station desks and on train directly from staff.

Russell McCullagh, vice president and general manager of Rambus Ticketing commented: “We’re delighted that Worldline has chosen Rambus’ RTD software to provide their rail operators a proven technology that will deliver a frictionless user experience for rail staff and their customers and can also scale across the rail network. Rambus’ broad experience in delivering ITSO-based smartcard and mobile-based ticketing solutions across the UK transport ecosystem will provide a leading technology for an enhanced Worldline customer experience.”

James Bain, Global Director of Transport at Worldline said: “As Europe’s leading and largest payments provider, our focus is on reducing friction for consumers in how they pay for goods and services. Transit and Transport is no different and is the next big merchant market. Our collaboration with Rambus paves the way to revolutionise access to UK rail services with innovative payment solutions.”

Demonstration Details at Transport Ticketing Global
At Transport Ticketing Global from Jan. 29 – Jan. 30, 2019 in London, experience Rambus’ vision of the future of smart ticketing and ticketless transport, where smartphones and technology will enable truly frictionless travel. Visit Rambus at Stand A32 to learn more.

For more information on the Rambus Smart Ticketing solutions, visit rambus.com/smart-ticketing.

South Yorkshire TravelMaster Selects Rambus To Deliver Innovative E-Commerce Ticketing System

New retail portal, on-vehicle and NFC-based digital ticket delivery part of improved service offering

GLASGOW, Scotland and SHEFFIELD, England – December 20, 2018 – Rambus Inc. (NASDAQ: RMBS) today announced that TravelMaster, the commercial organisation responsible for delivering and managing multi-operator and integrated ticketing in South Yorkshire, has selected the Rambus Ticketing suite to deliver a multi-operator smart ticketing solution. The new, innovative smart ticketing system will allow TravelMaster customers to purchase ticketing products online and reap the benefits of smart ticketing whilst travelling across buses, trams and trains in South Yorkshire.

Rambus has extensive experience in delivering robust and scalable smart ticketing solutions which act as the backbone for deployments across the UK for bus, rail, subway and metro. Under this five-year agreement, Rambus will provide a HOPS back office with web retail and smart ticket collector app, to enable the secure delivery of digital smart tickets directly to tablets and mobile devices.

The solution will allow customers to purchase a range of flexible multi-operator tickets, valid on any bus, tram or train throughout South Yorkshire, online and in-advance through a retail portal on the TravelMaster website. These tickets can then be loaded onto a smart card via on-vehicle ticketing machines or through NFC-enabled and compatible smart phones.

“Our customers rightly expect to be able to purchase our great range of value for money products at their own convenience and this appointment is a major step towards TravelMaster meeting those expectations,” said Matt Smallwood, general manager of TravelMaster. “We’re one of the leading smart ticketing schemes in the UK and with the pedigree Rambus have in this field we will be able to deliver an innovative, accessible and enhanced way for our customers to purchase their products.”

TravelMaster’s e-Commerce system is a key part of the company’s retail strategy, which intends to support patronage growth, enhanced access to opportunities and economic development within the Sheffield City Region. By implementing commercially sustainable, customer-oriented, technologically innovative and integrated ways of selling and fulfilling products, TravelMaster and Rambus will together support a brighter future for South Yorkshire.

Russell McCullagh, vice president and general manager of Rambus Ticketing, commented: “For operators looking to provide a modern, frictionless transport experience that customers can rely on, smart mobile ticketing is the answer. We’re delighted to be working with TravelMaster and look forward to delivering a truly reliable ticketing experience for passengers which will create improved services and ticket access.”

TravelMaster intends to deploy the new e-Commerce system in the first half of 2019.

For more information on the TravelMaster system, visit http://sytravelmaster.com/.

Visit rambus.com/smart-ticketing for additional information on Rambus Smart Ticketing solutions.

Rambus Brings Secure Mobile Ticketing to Scotland’s Railway

ScotRail customers can use their smartphone for seamless travel

SUNNYVALE, CA and GLASGOW, UK – July 30, 2018 – Today, Rambus Inc. (NASDAQ: RMBS) announced the launch of its award-winning mobile ticketing solution for a pilot with Scotland’s national rail operator, ScotRail. The new all-in-one solution is fully integrated with ScotRail’s existing ticketing app and will enable customers to skip the queue at ticket vending machines and tap through the gates by purchasing and downloading tickets directly to their smartphone.

Tap and go with a smartphone for an easier travel experience

Rambus’ HCE Ticket Wallet Service leverages technology proven in the payments industry to create a virtual smartcard that securely stores tickets on mobile devices. The solution integrates with existing software and station infrastructure, allowing transport operators to manage both smartcard and mobile tickets in a single system, reducing integration costs and deployment time.

“This pilot app delivers the convenient, easy access to tickets and travel that we know our customers want,” said Lesley Kane, commercial director at ScotRail. “Over the coming months, customers will be able to buy and download digital tickets from a single app, anytime, anywhere. This is a really exciting time for Scotland’s railway as we continue to build the best railway this country has ever had.”

Purchase, store and use tickets in a single, mobile app

Customers are increasingly expecting more innovative forms of ticketing and so transport operators are looking to smartphones as the point of delivery for new services. This also reduces the need to issue and manage physical smartcards and provides greater convenience for customers who don’t have to wait for a card to arrive in the post as they can quickly register and download their virtual smartcard instead.

“Delivering a modern and innovative transport experience that customers can rely on is a key driver for smart mobile ticketing,” said Russell McCullagh, vice president and general manager of Rambus Ticketing. “We’re delighted to combine our expertise developing and deploying high-volume ITSO-based ticketing systems, through our Nevis Technologies joint venture, with ScotRail’s drive to provide a truly seamless and leading-edge customer experience.”

For more information on the Rambus Smart Ticketing solutions, visit rambus.com/smart-ticketing.

Rambus and West Midlands Trains Pair Up to Deliver Smart Ticketing across its Network

Rambus’ smart ticketing solutions will underpin West Midlands Trains ITSO-based transport tickets

SUNNYVALE, CA and GLASGOW, UK – June 26, 2018 –Today, Rambus Inc (NASDAQ: RMBS) announced the implementation of its smart ticketing software, including a Host Operator or Processing System (HOPS), Card Management System (CMS) and mobile app by West Midlands Trains Ltd, operated by Abellio and its Japanese partners JR East and Mitsui. Rambus is working with West Midlands Trains to support the rollout of smart ticketing back-office systems across its rail network. This new deployment will help deliver a modern smart travel experience for passengers.

West Midlands Trains serve 178 stations in England, and is investing £1 billion into the franchise’s network after winning the West Midlands franchise in 2017. Acting as the backbone of smart ticketing, Rambus HOPS provides several benefits including processing ticket transactions at high speed, validating journeys and helping ensure data is secure.

“Robust scalable systems that deliver a truly reliable ticketing experience for passengers and operators is essential to support the wider adoption of smart ticketing,” said Russell McCullagh, vice president and general manager of Rambus Ticketing. “We’re delighted to be working with West Midlands Trains and supporting another rail customer taking us one step closer towards a wider smart transport network across the UK.”

Smart ticketing enables transport operators to optimise public transport and deliver improved services and ticket access for passengers. The Rambus ticketing suite of solutions will provide valuable travel data insights, which can support capacity management and can drive greater use of public transport through interoperability between operators.

Beyond HOPS, West Midlands Trains Ltd will be taking advantage of the Rambus CMS solution, which allows staff to manage customer smart cards and ticket products effectively. Additionally, staff can check passenger smart tickets and pay-as-you-go balances, using the Rambus Smart Ticket Checker app.

“At the heart of our new franchise is the drive to develop smart ticketing for our customers,” says Paul Matthews, head of Revenue & Ticketing at West Midlands Trains Ltd. “The technology and support provided to us by Rambus has proved crucial. We have benefitted greatly from the speed and proficiency in which Rambus delivered the West Midlands HOPS and CMS, all achieved in time to meet the commitments of our franchise.”

Rambus smart ticketing solutions drive greater use of public transport through interoperability between operator deployments and enables partnership opportunities with operators and retailers. Rambus solutions securely capture all data relating to smart ticket creation and usage for bus, rail, metro and ferry.

Chosen by the Rail Delivery Group (RDG) to support a wider rollout of smart ticketing across rail operators in England, Rambus smart ticketing technology allows operators to run their systems smoothly and efficiently, with an easy path to migrate to the RDG back office in the future.

For more information on the Rambus Smart Ticketing solutions, visit rambus.com/smart-ticketing

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