Thursday, August 13, 2015

Qualcomm Completes $2.4 Billion Acquisition of CSR

Qualcomm completed its previously announced acquisition of CSR plc, a developer of connectivity, audio, imaging and location chips, for approximately US$2.4 billion.

CSR's areas of expertise include silicon chips for voice & Music; Bluetooth Smart; Automotive Infotainment; Indoor Location.

Cambridge Silicon Radio Limited is currently an indirect, wholly-owned subsidiary of CSR that operates, along with its affiliates, substantially all of CSR’s engineering, research and development functions, along with substantially all of the CSR products and services businesses. Cambridge Silicon Radio Limited will be renamed Qualcomm Technologies International, Ltd., which will become a subsidiary of Qualcomm Technologies.

 “As we strive to connect billions more devices, automobiles and people within the Internet of Everything, we are enthusiastic about the growth that this combination will foster,” said Steve Mollenkopf, chief executive officer, Qualcomm Incorporated. “CSR’s complementary strengths in connectivity, audio technologies and systems-on-chips will help strengthen Qualcomm Technologies’ position in the IoE and automotive industries, and add to a broad and highly advanced portfolio.”

http://www.qualcomm.com


  • In September, CSR introduced dual mode Bluetooth 4.1 compliant chips designed for low latency and ultra low-power wireless gaming controllers.

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