Items tagged with CSR

Qualcomm, a behemoth in the semiconductor business, has reportedly agreed to purchase British chip maker CSR for 1.6 billion pounds (around $2.5 billion in U.S. currency). The offer breaks down to £9 per share in cash, which represents a 56.5 percent premium on the company's share price before the start of the offer period in August, and a 27 percent premium on CSR's closing price on Tuesday. The primary appeal here is CSR's experience in Bluetooth wireless technology. Qualcomm is a major player in the mobile market with chips that power a wide range of smartphones and tablets. As the landscape expands to include the Internet of Things (IoT) category, Qualcomm could set itself up nicely... Read more...