Samsung Buys Mobile Chip Tech from CSR for $310M
Samsung Electronics has purchased the mobile connectivity and location technology businesses of CSR for the sum of $310 million. CSR is based in the U.K. and makes Wi-Fi, Bluetooth, and location components for mobile devices. Samsung said that the acquisition will "strengthen its application processor platform and solidify its position as a leading semiconductor solutions provider." The acquisition also includes a number of patents, which Samsung may use to protect itself against litigation in the future. CSR's audio and automotive business units will remain independent
Qualcomm to Acquire CSR
Qualcomm today announced that it has agreed to acquire CSR for about $2.5 billion in cash. CSR, based in the U.K., develops technologies and products for what's referred to as the Internet of Things, as well as for the automotive and infotainment sectors.
Samsung Forges New Business Explicitly for Contract Chips
Samsung has split its processor manufacturing business into two units so the company can better handle outside clients. Samsung makes a lot of silicon and much of it, such as the Exynos processor line, ends up in Samsung smartphones, tablets, and other products.
Samsung Combines Some U.S. Operations
Samsung took several steps today to further streamline operations across its various businesses. In the U.S., Samsung has consolidated the sales organizations of Samsung Electronics America and Samsung Telecommunications America, which oversee distribution of the company's consumer electronics and mobile devices, respectively.
Samsung Weighing BlackBerry Acquisition
Samsung has approached BlackBerry about a potential acquisition, according to a report published by Reuters. Citing people familiar with Samsung's plans, Reuters suggests Samsung would be willing to pay up to $7.5 billion for the one-time smartphone king.