Showing posts with label samsung csr deal. Show all posts
Showing posts with label samsung csr deal. Show all posts

Samsung snaps up CSR's mobile development operations for £200m

Samsung has made a big investment in mobile connectivity and location services, buying the relevant development operations and technology from venerable UK chipmaker CSR.

The $310m (£198m) purchase is mainly a play for future technology, as CSR gets to hang onto its existing Bluetooth, GPS, Wi-Fi and NFC connectivity products and the associated revenues. According to a statement on Tuesday, Samsung will get "all of the resources devoted to the development of [CSR's] handset connectivity technology and a significant proportion of the resources dedicated to the development of handset location technology, including 310 employees together with certain associated fixed assets".