Samsung takes the mobile division of the British company CSR. The South Korean manufacturer will have to pay an amount of 310 million dollars in cash. The 310 employees of the division to move over to Samsung.
The British company CSR, that hardware and software for wireless technology sells, reports that the mobile division will sell to Samsung. The South Korean company hopes its position in the mobile chipmarkt to strengthen. With the acquisition, an amount of 310 million dollars involved. This goes to 285 million to shareholders, while Samsung another $ 34.4 million in the company to invest.
When the acquisition takes Samsung 310 staff members for the 21 patents and related knowledge in hands. This reduces the effectiveness of the entire R&D department of CSR. Samsung also gets the right to use other intellectual property in the field of mobile technology from the British company.
CSR will retain its existing products and their sales, and also reserves the right to future mobile technology will continue to use in markets other than mobile phones and other mobile devices. CSR is still in other markets, where mobile technology is used, such as speech and music technology, automotive infotainment, image recognition and bluetooth smart devices.