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Rambus Purchases Bell ID and Its Parent Company to Secure Mobile Payments

Rambus Inc. recently announced that it has acquired Smart Card Software Ltd., which includes Bell Identification Ltd. (Bell ID) and Ecebs Ltd. (Ecebs) through the purchase of all outstanding shares of Smart Card Software Ltd., for £64.7M in cash. As per the agreement, the advanced mobile payment platform developed by Bell ID, along with the smart ticketing platform created by Ecebs, will be incorporated into the Rambus Cryptography Research Division. Rambus expects the acquisition to be accretive to pro forma earnings within the first 12 months.

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