Samsung reaches deal to acquire part of CSR

Under the terms of the agreement, Samsung will gain full access to CSR's mobile connectivity and location technology and transfer certain relevant patents, as well as employ over 300 CSR employees in the selected field for the cash consideration of US$310 million. In addition, Samsung will receive perpetual rights to CSR's IP related to connectivity and location technology such as Bluetooth, Wi-Fi and GPS reinforcing Samsung's leadership in mobile component solutions.

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