us chipmaker qualcomm hopes for knock-out blow with us$2.5bil csr bid - where to buy portable speakers
LONDON/FRANKFURT: Qualcomm agreed to buy CSR Plc for $2. 5bil (RM8. 24bil)
What it wants is a knock on the door.
Win a growing UK Bluetooth expert in automotive and wearable devices.
Qualcomm, the world's largest mobile chip maker, has agreed to pay £ 9 (RM47. 45)
Cash share of CSR, 56.
CSR said on Wednesday that the share price premium was 5% before the start of the August deadline.
At that time, the British company rejected the practice of the US chip maker Microchip Technology company, saying that the undisclosed offer was not enough.
The two have been negotiating a deal, with UK regulators setting a deadline for Wednesday.
Jeffries analyst Robert Lamb told investors in a research report that there is a possibility of alternative bidders, although he warned that compared with Qualcomm's recent chip acquisition, high multiples may be difficult for Trump.
"The price that is open now is stable, and this may induce others to play with their hands," Lamb said . ".
Molenkopf said that the addition of CSR will enable it to diversify into the market in the short term.
For portable audio, range of automotive controls and wearable devices, wireless Bluetooth chip and audio processing.
"Combining CSR's highly advanced connectivity technology to provide a combination of success records in these areas will open up new opportunities for growth," he said . ".
Qualcomm, the main maker of smartphone chips, has been seeking to expand the mobile phone market to emerging areas such as wireless appliances, as well as other connected devices under the banner of "Internet of Things.
"At May, it agreed to acquire wireless HDMI connectivity manufacturer Wilocity for the transmission of video between the computer and the monitor, and developed an open AllJoyn
SOURCE platform that allows devices to share information with other devices nearby.
Joep van Beurden, chief executive of China Social responsibility Corporation, said the two companies were a good combination.
"If you look at us, we will focus on all the accessories around the phone," he told Reuters . ".
"In terms of voice and music, we are strong in terms of headphones, speakers and Speaker bases;
We are also very powerful in the car, the car is increasingly an extension of the mobile phone, providing information and entertainment.
Jeffries analyst Lamb marked the merge as "very appropriate" and advised the client "obviously, they (Qualcomm)
Took the "but" instead of "make" route.
"CSR is the abbreviation of Cambridge Silicon Radio, specialized in connection, and its chips are used for products such as portable audio speakers and apples.
All Beats headphones.
It is a pioneer in the wireless Bluetooth technology market, and now wireless audio speakers and networks are becoming more and more popular.
Connecting appliances used in home and so-
It is called the "Connect car" function in the car.
Microchips, a diversified manufacturer of analog and digital chips based in Chandler, Arizona, together with CSR, announced at the end of August that they are in preliminary negotiations on the merger.
Last week, microchips shocked the global stock market, warning that quarterly sales are expected to decline and further making a comprehensive forecast that the chip industry may suffer a broad downturn in the coming quarters.
J. CSR is recommended. P.
Goldman Sachs and Qualcomm accepted the advice of Deutsche Bank. —