The South Korean tech giant that is Samsung has just acquired the mobile business of the British chipmaker CSR. Formerly called Cambridge Silicon Radio, the fabless semiconductor company that specializes in manufacturing Bluetooth, GPS, Wi-Fi, and other chips, announced today that it has signed a $310 million deal with Samsung to sell its mobile phone connectivity and location technology. In spite of the company’s cutting edge Bluetooth and Wi-Fi technologies, CSR appears to be struggling in the mobile market.
“There is a big war going on between the giants of the semiconductor industry like Qualcomm, Intel and Samsung LSI to deliver the complete solution into smartphones. Our team and technology – location and connectivity – is in its own right an extremely important part of that platform, but it is even more important if it completes your product offering and that is exactly what Samsung is doing,” CSR’s Chief Executive Joep van Beurden said.
On the other hand, Samsung said that the acquisition will most certainly bring in more capabilities to its services and products. “By leveraging CSR’s R&D capability, Samsung will strengthen its application processor platform and solidify its position as a leading semiconductor solutions provider,” Samsung President of System LSI Business, Stephen Woo, commented.
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