Latest News in the Business and Financial World

Thursday, April 15, 2021
Log in
  • Home
  • Company News & Financials
  • OTC Markets
  • Tech & Science
  • Health & LifeStyle
  • About WS OTC
    • Analysts & Contributors
    • Contact Us
    • Advertising
    • Feedback
    • Privacy Policy GDPR
  • Mobile
  • Latest News
    • New Theories Explain the Disappearance of the Mayan Civilization
    • What Happens If Coral Reefs Die?
    • Monsanto Loses Lawsuit for its Herbicide Products
    • Mankind (MNKD) shares Plunge after FDA Approves Afrezza, inhaled Insulin for Diabetes patients
    • Psychologists Confirm that Violent Video Games Boost Aggressiveness
    • World of Warcraft: Warlords of Draenor Release Date on Nov 13
    • iPass Global Hotspot Map Unveils Worldwide Wi-fi Coverage

Pages

  • About Wall Street OTC
  • Advertising
  • Analysts & Contributors
  • Contact
  • Feedback
  • Mobile
  • Privacy Policy GDPR
  • Terms of Service

Recent Posts

  • SF Hospital Slaps New Parents with $19K Bill for Baby Treatment
  • Furious Trump Blasts Harley-Davidson for Moving Production Overseas
  • Warning! MRI Machines Could Poison You
  • Flight Attendants More Likely to Get Certain Cancers
  • More Red Meat Allergy Cases Related to Lone Star Tick Bites

Qualcomm Will Buy CSR Chip Company for $2.5 Billion

Oct 15, 2014 By Anne-Marie Jackson Leave a Comment

Email, RSS Follow

qualcomm will buy csr

It has been announced that Qualcomm will buy CSR chip company in order to focus more on connected cars and the Internet of Things. CSR is a company from Cambridge that manufactures wireless communications, GPS and audio chips for consumer products and automotive markets. CSR is also a known company that develops chips for indoor location services.

Qualcomm will buy CSR for building better applications and in-car devices. Experts assume that both of these fields are fast growing and Qualcomm will pay $2.5 billion in order to make the deal with CSR. Qualcomm announced the news today and is planning to close the deal as soon as possible, especially because the stock market is favorable this time of year.

CSR is known for designing a wide range of software and chips for mobile phone and other smart devices, like location technology. This technology combines information from satellite networks and several software platforms, combining wireless technologies like Wi-Fi, Bluetooth, GPS and FM. CSR also develops Bluetooth chips and other technologies that require low energy and can be used to connect wireless headphones to tablets and smarphones.

Qualcomm will buy CSR after beating an offer from its rivals at Microchip. Microchip’s offer was rejected back in August because supposedly it was too low. Sources say that Microchip continued to discuss with CSR after the refusal, and some believe they are planning to collaborate on different technologies.

Samsung bought 21 connectivity patents from CSR in 2012 for $310 million but sold it all in January 2014.

Qualcomm is one of the biggest chip manufacturers used in mobile devices and buying CSR will make them even more powerful on the chip market. Once the deal is closed, it will give Qualcomm access to a broader area of technology, from smartphones to control TVs, smart house devices like air conditioners and light switches. The fact the Qualcomm will buy CSR gives Qualcomm access to the automotive market as well, especially for mapping devices, entertainment and communication behind the wheel.

Do you think it’s a good deal that Qualcomm will buy CSR? Post your comments in the section below.

 

 

Email, RSS Follow
The following two tabs change content below.
  • Bio
  • Latest Posts

Anne-Marie Jackson

Anna grew up on a steady diet of 20th century literature, science-fiction movies and Viking lore. Unsurprisingly she turned into a technology geek with an inclination for history & fantasy.

Latest posts by Anne-Marie Jackson (see all)

  • SF Hospital Slaps New Parents with $19K Bill for Baby Treatment - Jun 29, 2018
  • Furious Trump Blasts Harley-Davidson for Moving Production Overseas - Jun 28, 2018
  • Warning! MRI Machines Could Poison You - Jun 27, 2018

Filed Under: Company News & Financials Tagged With: Qualcomm Will Buy CSR

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 72 other subscribers

Mom holding newborn's hands

SF Hospital Slaps New Parents with $19K Bill for Baby Treatment

Jun 29, 2018 By Anne-Marie Jackson Leave a Comment

Harley-Davidson biker

Furious Trump Blasts Harley-Davidson for Moving Production Overseas

Jun 28, 2018 By Anne-Marie Jackson Leave a Comment

MRI machine

Warning! MRI Machines Could Poison You

Jun 27, 2018 By Anne-Marie Jackson Leave a Comment

Flight Attendants More Likely to Get Certain Cancers

Jun 27, 2018 By Anne-Marie Jackson Leave a Comment

Lone star tick sitting on a succulent leaf

More Red Meat Allergy Cases Related to Lone Star Tick Bites

Jun 26, 2018 By Anne-Marie Jackson Leave a Comment

Time magazine cover

Time Admits Sobbing Cover Girl Was Not Separated from Parents

Jun 26, 2018 By Anne-Marie Jackson Leave a Comment

Sunshine and green leaves

Vitamin D Deficiency Could Boost Risk of Lung Disease

Jun 25, 2018 By Anne-Marie Jackson Leave a Comment

Green-light laser pointer

Greek Boy’s Retina Severely Damaged by Laser Pointer

Jun 22, 2018 By Anne-Marie Jackson Leave a Comment

Red Tesla car

Tesla Suing ‘Whistleblower’ over Data Theft

Jun 21, 2018 By Anne-Marie Jackson Leave a Comment

Boiled eggs and mayonnaise

Eating too Clean Can Lead to Orthorexia

Jun 20, 2018 By Anne-Marie Jackson Leave a Comment

NYC mayor Bill de Blasio

NYC Will Allow People to Smoke Pot in Public

Jun 20, 2018 By Anne-Marie Jackson Leave a Comment

A kitten and a puppy sleeping in a bed while hugging each other

Who Is Smarter Between Cats and Dogs? Researchers Have an Answer (Study)

Jun 19, 2018 By Anne-Marie Jackson Leave a Comment

Orthodox church in Greece

Being Religious Is Tied to Longer Lifespan, Study

Jun 19, 2018 By Anne-Marie Jackson Leave a Comment

Bacon and eggs for breakfast

How Does the Keto Diet Work?

Jun 18, 2018 By Anne-Marie Jackson Leave a Comment

Related Articles

  • Harley-Davidson biker

    Furious Trump Blasts Harley-Davidson for Moving Production Overseas

    Jun 28, 2018
  • Red Tesla car

    Tesla Suing ‘Whistleblower’ over Data Theft

    Jun 21, 2018
  • Mediterranean Diet

    Major 2013 Study on Mediterranean Diet Withdrawn

    Jun 15, 2018
  • Chinese man in a taxicab

    China Uber Rival to Allow Only Same-Sex Passengers as Driver at Night

    Jun 14, 2018
  • Bitcoin rendition

    Market Manipulation Was Behind Bitcoin’s 2017 Price Surge, Study

    Jun 13, 2018
  • American kids selling lemonade

    American Kids Forced to Obtain Permits to Sell Lemonade

    Jun 12, 2018
  • Hobby Lobby store at night

    Hobby Lobby Agrees to Return Smuggled Artefacts to Iraq

    May 3, 2018
  • United Airlines airplane

    United Airlines to Resume Pet Reservations in July

    May 2, 2018
  • Nikola Motors truck

    Tesla Motors Faces $2Bn Lawsuit for Allegedly Copying Electric Truck Design

    May 2, 2018
  • T-Mobile logo sign

    T-Mobile Just Sealed the Deal to Buy Sprint

    Apr 30, 2018

Categories

  • Business
  • Company News & Financials
  • Diversified Financial
  • Entertainment
  • Featured
  • Health & LifeStyle
  • Micro Cap
  • Mid Cap
  • National News
  • Nature
  • OTC Exchange
  • OTC Markets
  • OTC Research
  • Science
  • Small Cap
  • Sports
  • Tech & Science
  • U.S.
  • Uncategorized
  • Wall Street
  • World
  • World Indexes

Copyright © 2021 wallstreetotc.com

About · Privacy Policy · Sitemap · Terms of Service · Contact