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Samsung Buys Mobile Chip Tech from CSR for $310M

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Jul 17, 2012, 7:07 AM   by Eric M. Zeman

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

more info at Reuters »

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