England’s CSR plc and U.S.-based SiRF Technology Holdings Inc. have completed their merger, ending years of speculation over what may become of SiRF, a pioneering maker of GPS receivers that had become financially troubled during the current economic downturn.
SiRF Technology Holdings, Inc., of San Jose, California, and CSR plc, formerly Cambridge Silicon Radio, headquartered in Cambridge, United Kingdom, will merge in a stock-for-stock transaction to create a new company, which will automatically assume a competitive, leading position in global connectivity and location markets. Plus: Ericsson and STMicro Complete Mobile Merger; Honeywell T-Hawk Micro Vehicle Heads for U.K.; Epson, Infineon Develop Tiny Single-Chip Receiver; more
SiRF Technology Holdings, Inc., based in San Jose, California, and CSR plc, formerly Cambridge Silicon Radio, headquartered in of the UK will merge in a stock-for-stock transaction to create a new company, which will automatically assume a leading position in global connectivity and location markets. The companies expect the transaction to close in the second quarter of 2009.
NovAtel Inc. announced today that Hexagon Canada Acquisition Inc. has successfully taken up all of the shares tendered and not validly withdrawn pursuant to its tender offer for all the outstanding common shares of NovAtel, at an offer price of U.S. $50 in cash per share.
Spanish technology conglomerate GMV has purchased a 66 percent controlling interest in Masisconvi S.A., another Spanish company that specializes in design and manufacture of electronic fare-collection systems.
Communications chip maker Broadcom Corp. today said it was acquiring GPS chip maker Global Locate Inc., a privately-held provider of GPS and assisted GPS (A-GPS) chips and software.
Follow Us