Qualcomm continues it seemingly relentless charge to the top of the semiconductor vendor charts with another high profile acquisition. It aims to acquire UK based CSR for $2.5 billion, the deal still needs to go through the usual regulatory hurdles and be accepted by CSR but it certainly seems quite generous.
CSR has had its own fair share of acquisitions and sell offs in recent years, it bought Zoran in 2011 and sold its mobile division to Samsung in 2012.
Qualcomm has made some significant purchases to bolster its wireless connectivity prowess over recent years including its recent purchase of Wilocity, but CSR will be the most significant one since Qualcomm acquired Atheros in 2011 ($3.1 billion).
A successful purchase of CSR will put Qualcomm in an enviable position in the connectivity market and certainly see it become a force to reckon with in IoT.