Qualcomm agreed to acquire CSR plc, a developer of connectivity, audio, imaging and location chips, for at approximately £1.6 billion (about $2.5 billion).
CSR’s areas of expertise include silicon chips for voice & Music; Bluetooth Smart; Automotive Infotainment; Indoor Location.
“The addition of CSR’s technology leadership in Bluetooth, Bluetooth Smart1 and audio processing will strengthen Qualcomm’s position in providing critical solutions that drive the rapid growth of the Internet of Everything, including business areas such as portable audio, automotive and wearable devices,” said Steve Mollenkopf, chief executive officer of Qualcomm Incorporated. “Combining CSR’s highly advanced offering of connectivity technologies with a strong track record of success in these areas will unlock new opportunities for growth. We look forward to working with the innovative CSR team globally and further strengthening our technology presence in Cambridge and the UK.”
- In September, CSR introduced dual mode Bluetooth 4.1 compliant chips designed for low latency and ultra low-power wireless gaming controllers.
