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 …
And slowly the silicon fen gets sold for real estate
*the one with marsh reviewer monthly in the pocket
$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?
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.
Buying a company that actually has revenue? Madness!
Not to mention real patents. None of this "we thought of using rectangles first. Wah Boo Hoo!" rubbish.
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.
CSR is very much a fabless chipmaker.
ARM, on the otherhand, in an IP provider.
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.
Samsung got a bargain
This will be interesting. GPS has been a weakness in their devices up till now.
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...)