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Qualcomm buys CSR plc for £1.6bn

Wed, 15/10/2014

Qualcomm, manufacturer of the Snapdragon processor used in market leading smartphones such as the HTC One (M8) and Sony Xperia Z3, has acquired CSR. Established in 1999, CSR specialises in Bluetooth and wireless technologies. The £1.6bn acquisition will enable Qualcomm to increase its range of products, channels and customers.