GPS not new for CSR
While it would seem to be a good deal, and they main gain useful intellectual property in the process, it is worth pointing out that GPS is not new for CSR. They have been marketing GPS chips (with eGPS) for a while.
UK wireless-chip specialists CSR, makers of Bluetooth and WiFi chips used by everyone from Nokia to Samsung, has bought up GPS-chipset manufacturer Sirf at a knockdown price Sirf has had a bad year, losing $398m during 2008, enabling CSR to snap up the company for a valuation of only £91m despite it having more than £80m in the …
While it would seem to be a good deal, and they main gain useful intellectual property in the process, it is worth pointing out that GPS is not new for CSR. They have been marketing GPS chips (with eGPS) for a while.
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