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Qualcomm buys maker GPS and bluetooth chips for internet-of-things
Qualcomm, the British maker of include GPS and bluetooth chips CSR acquired. Qualcomm pays converted 2 billion for the company and will use the technology for internet-of-things- and automotive applications.
Qualcomm logo (2 lines) The acquisition is part of Qualcomm’s strategy to focus on growth markets for internet-of-things, wearables and automotive. More CSR focuses its connectivity and location chips and kits to the audio, home entertainment, camera, automotive and health & fitness market. The company combines previous gnss – bluetooth, WiFi and other chips. CSR is also known by its SiRF technology for navigation chipsets. The British company received SiRF in 2009 in the hands of a takeover.
CSR grew after its establishment in 1999 rapidly thanks to the success of BlueCore1: the first single-chip Bluetooth option for that time. The company rejected an earlier takeover attempt by the maker of microcontrollers Microchip Technology off. Qualcomm hopes to finalize. Complete the acquisition in the summer of 2015Viewing:-142
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