back to article Samsung swoops on Brit chip biz CSR, grabs talents'n'patents

A British chip-design company has sold its mobile and GPS location-finding tech wing to Samsung for $310 million (£198m). Cambridge-based biz CSR sealed the deal today, according to a regulatory notice from the London Stock Exchange. It will shift 310 employees, and an attractive sheaf of patents, over to the South Korean …

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Coat

And slowly the silicon fen gets sold for real estate

*the one with marsh reviewer monthly in the pocket

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Anonymous Coward

$310million for assets and 310 staff. but how much will those staff get?

So, 310 people have been transferred to a new employer, but how much will it benefit them? Or are they the usual pawns in the game?

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Re: $310million for assets and 310 staff. but how much will those staff get?

How much? Zero if they're not also shareholders. That's how a company works.

But at least they shouldn't be at risk of "right-sizing". If you buy a company for its intellectual assets, you'd have to be pretty moronic to fire those assets.

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Anonymous Coward

Whaaaa?

Buying a company that actually has revenue? Madness!

;)

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Re: Whaaaa?

Not to mention real patents. None of this "we thought of using rectangles first. Wah Boo Hoo!" rubbish.

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Coat

Fabless

OK, I'll bite: CSR is not fabless in the sense that it meant in the 1990s when ARM was new: it does not license its designs. CSR pays TSMC to make chips that CSR owns and sells; CSR does not own a fab itself.

But these days young people call that fabless too, because of the not-owning-fab aspect.

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Anonymous Coward

Re: Fabless

CSR is very much a fabless chipmaker.

ARM, on the otherhand, in an IP provider.

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Boffin

Re: Fabless

I did send a correction note in (to El Reg) about this, but it looks like it hasn't been actioned, the wording is still the same (and incorrect). CSR makes - or has made, up until now - its living by selling actual physical chips, not by selling IP for others to incorporate into their chips.

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Samsung got a bargain

This will be interesting. GPS has been a weakness in their devices up till now.

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Anonymous Coward

Re: Samsung got a bargain

And when they DID have people that knew GPS, they ignored them... Samsung DO already own GPS patents (when they EVENTUALLY filed them...)

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