CSR plc explained

CSR plc
Foundation: (as Cambridge Silicon Radio)
Fate:Acquired by Qualcomm
Location:Cambridge, England, U.K.
Industry:Semiconductors
Communications
Key People:Ron Mackintosh (chairman)
Joep van Beurden (CEO)
Will Gardiner (CFO)
Products:Fabless semiconductor that included connectivity, audio, imaging and GPS chips
Revenue:774.8 million (2014)[1]
Operating Income:97.0 million (2014)
Net Income:96.8 million (2014)
Homepage:csr.com

CSR plc (formerly Cambridge Silicon Radio) was a multinational fabless semiconductor company headquartered in Cambridge, United Kingdom. Its main products were connectivity, audio, imaging and location chips. CSR was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Qualcomm in August 2015. Under Qualcomm's ownership, the company was renamed Qualcomm Technologies International, Ltd.

History

The company was founded in 1998 and split away from Cambridge Consultants as Cambridge Silicon Radio or CSR in 1999. The founding directors, who were all at Cambridge Consultants at the time were Phil O'Donovan,[2] James Collier and Glenn Collinson.[3] It was first listed on the London Stock Exchange in 2004.[4]

In 2005 the company acquired Clarity Technologies, a leading clear voice capture (CVC) business[5] and UbiNetics, a 3G wireless (WCDMA/UMTS/HSDPA) technology company.[6] In 2007, CSR acquired Nordnav, a Swedish-based GPS software company, and CPS, a Cambridge-based GPS software company producing Enhanced GPS in partnership with Motorola.[7]

In February 2009, CSR announced it was merging with SiRF, the biggest global supplier of GPS chips, in a share deal worth $136 million;[8] in July 2010, CSR announced the acquisition of Belfast-based APT Licensing Ltd. (APT) and its aptX audio technology[9] and in February 2011, CSR announced it was merging with Zoran, a video and imaging technology company.[10]

In May 2012, CSR acquired Direct Digital Feedback Amplifier (DDFA) technology, a proprietary, highly scalable digital Class-D audio amplifier technology;[11] in June 2012, CSR announced that it had acquired the MAPX (formerly MAP-X) audio product line from Trident Microsystems, Inc[12] and in July 2012, Samsung Electronics agreed to acquire CSR's mobile phone connectivity (Bluetooth and Wi-Fi) and location (GPS/GNSS) businesses and associated IP for US$310 million (£198 million).[13] As part of the deal Samsung acquired a stake of 4.9% in CSR.[13]

In June 2014, CSR acquired the people and technology of Reciva, a networked audio streaming platform, for US$5 million[14] and in October 2014, the acquisition of CSR by Qualcomm for $2.5 billion was agreed.[15] The transaction was completed in August 2015.[16]

Products

CSR's products included platform solutions for Bluetooth, GPS, FM broadcasting, Wi-Fi, audio, imaging, and ARM processors.[17] After the Zoran merger, CSR also made digital imaging products based on the MIPS architecture.[18] [19]

Offices

CSR had 27 offices in 13 countries:

Notes and References

  1. Web site: Annual Report 2014. CSR plc. 25 March 2015. https://web.archive.org/web/20150402155550/http://csr.com/sites/default/files/result-presentations/results/pdf/csr-2014-annual-report-2104.pdf. 2 April 2015. dead. dmy-all.
  2. Web site: Philip O'Donovan - Royal Academy of Engineering. 10 January 2022. 10 January 2022. https://web.archive.org/web/20220110180203/https://www.raeng.org.uk/about-us/the-fellowship/new-fellows-2017/fellows/philip-o-donovan. dead.
  3. Book: Kirk . Kate . Cotton . Charles . 2012 . The Cambridge Phenomenon: 50 years of innovation and enterprise . London . Third Millennium Publishing . 9781906507527.
  4. and became a FTSE250 company in the same year.Blue tooth firms IPO share fetch top price
  5. Web site: CSR plc acquisition of Clarity Technologies, Inc. ic-tech.com. 25 March 2015.
  6. Web site: FindArticles.com | CBSi. https://archive.today/20120710083334/http://findarticles.com/p/articles/mi_m0EIN/is_2005_July_28/ai_n14834293/. dead. findarticles.com. 10 January 2022. 10 July 2012.
  7. Web site: EDN - Industry News, Learning center, electronic design center. edn-europe.com. 25 March 2015.
  8. Web site: Merger Agreement with SiRF. https://web.archive.org/web/20120116043331/http://production.investis.com/csr_tools/rns/rnsitem?id=1234249266nRnsJ0578N . dead . 16 January 2012.
  9. Web site: CSR buys Belfast based audio compression specialist. 28 July 2010. New Electronics. 23 September 2017.
  10. Web site: CSR plc announces merger with Zoran Corporation . 5 June 2011 . https://web.archive.org/web/20110227033223/http://production.investis.com/csr_tools/rns/rnsitem?id=4061085 . 27 February 2011 . dead . dmy-all .
  11. Web site: CSR Strengthens Its Audio Platform with High Fidelity Class-D Amplifier Technology. 1 May 2012. Businesswire. 23 September 2017.
  12. Web site: CSR buys Trident's audio processor line. 6 June 2012. EE Times. 23 September 2017.
  13. News: Samsung buys chipmaker CSR's handset technology. 16 August 2012. Reuters. 17 July 2012.
  14. Web site: CSR Capital Markets Day Report, June 2014.
  15. Reuters. 15 October 2014. Qualcomm trumps Microchip with $2.5 billion deal for Britain's CSR. 30 June 2017. 17 October 2015. https://web.archive.org/web/20151017180111/http://www.reuters.com/article/2014/10/15/us-qualcomm-csr-idUSKCN0I40J320141015. live.
  16. Web site: Qualcomm completes $2.4bn take-over of Cambridge's CSR . Cambridge News . 22 August 2015 . bot: unknown . https://web.archive.org/web/20150923091535/http://www.cambridge-news.co.uk/Qualcomm-completes-2-4bn-Cambridge-8217-s-CSR/story-27608788-detail/story.html . 23 September 2015 .
  17. Web site: CSR Joins Qualcomm. csr.com. 22 August 2015. https://archive.today/20120730224632/http://www.csr.com/annualreport2010/. 30 July 2012. dead. dmy-all.
  18. Web site: CSR Wireless Technology Product Finder. csr.com. 22 August 2015. https://archive.today/20130215194317/http://www.csr.com/products/76/supratv265. 15 February 2013. dead. dmy-all.
  19. Web site: CSR Wireless Technology Product Finder. csr.com. 22 August 2015.

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