toggle

AAPL Stock: 121.3 ( -1.07 )

Printed from http://www.macnn.com

Samsung buys CSR's mobile technology

updated 10:48 am EDT, Tue July 17, 2012

Move aimed at competing with Qualcomm

Samsung has bought the Bluetooth, Wi-Fi, and location technology portfolio of chipmaker CSR, it was announced today. Reuters reported this morning that the South Korean smartphone maker had completed the deal, paying $310 million for CSR's portfolio. The move brings Samsung's capabilities more in line with those of chipmaker Qualcomm, one of Samsung's competitors in the mobile phone chip industry.

Samsung will add CSR's portfolio to its own smartphone and patent holdings. Additionally, Samsung is acquiring CSR's 310-member technology and handset team. The company will also invest $34.4 million in a 4.9 percent stake in CSR. The move, which grants Samsung royalty-free license of CSR's intellectual property for handsets and 21 US patents, effectively removes CSR from competition in the smartphone industry, where it has been struggling to remain competitive.

The addition of CSR's R&D capability is expected to strengthen Samsung's application platform and allow the company to manufacture mobile chips integrating processors and multiple connectivity technologies. Last month, the company also acquired Nanoradio, a Swedish Wi-Fi chipset company.

Absorbing Nanoradio and CSR's capabilities will allow Samsung to produce smartphone internals that feature all necessary connectivity equipment on a single chip. The company can then market these components to other manufacturers, as it already does with its memory components and display technology. Speaking on the acquisition, CSR's chief executive Joep van Beurden pointed to a "war" going on between semiconductor industry giants Qualcomm, Intel, and Samsung. Today's acquisition will give Samsung more ammunition in that war to achieve the top spot among complete chip solution providers.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented