Qualcomm to acquire chip designer CSR for $2.5 billion to focus on IoT

Qualcomm has bid to acquire UK-based chip designer CSR for $2.5 billion. Back in August, CSR rejected an offer from Microchip Technology. Formerly known as Cambridge Silicon Radio, the company sold its mobile division to Samsung for $310 million. However, Qualcomm is planning to buy a completely different division of CSR.… Read More

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