Qualcomm buys maker, gps, and bluetooth chips for the internet-of-things

Qualcomm has the British maker of among other things, gps and bluetooth chips, CSR acquired. Qualcomm pays converted to eur 2 billion for the company, and will use the technology for internet-of-things and automotive applications.

The acquisition is part of the strategy of Qualcomm to focus more on the emerging markets for internet-of-things, wearables, and automotive. CSR, with its connectivity and location chips and kits on audio, home entertainment, camera, automotive, and health & fitness market. The company combines this gnss, bluetooth, wi – fi and other chips. CSR is among other things known of his SiRF technology for navigatiechipsets. The British company received SiRF in 2009 in the hands of a acquisition.

CSR grew after its establishment in 1999 at a rapid rate thanks to the success of the BlueCore1: the first single-chip option for bluetooth of that time. The company pointed to an earlier overnamepoging of the maker of microcontrollers Microchip Technology. Qualcomm hopes the acquisition in the summer of 2015 to complete.

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