Feeds

CSR slots Zoran into connected future

Video processing and Bluetooth, the perfect partnership?

Internet Security Threat Report 2014

Cambridge-based CSR is merging with the Californian Zoran Corporation, creating a top 10 fabless electronics company with chip designs for wireless connectivity and video processing.

The deal will see Zoran valued around $679m, and Zoran shareholders ending up with 35 per cent of the combined company. That's thanks to a CSR-funded share buyback to the tune of $240m, resulting in a deal that could be described as an acquisition by CSR based on 35 per cent cash and 65 per cent stock.

Fabless companies don't make chips, they license their designs or outsource their manufacture. CSR, who used to be known as Cambridge Silicon Radio, provides Bluetooth, Wi-Fi and GPS chip designs, the latter since acquiring Sirf almost exactly a year ago. Zoran provides designs for video processing and digital imaging chips, used in set-top boxes, cameras and printers as well as elsewhere.

"Combining the two highly complementary technology portfolios is designed to uniquely position the merged company to deliver advanced platforms to capture and stream media-rich content," says the release from the companies.

Certainly the two companies have little overlap, and both are very successful (and profitable) in their respective fields. It might not be immediately obvious, but there are increasing instances where the technologies are complementary too. DNLA enables one to throw phone-based video onto the TV screen, or take a video into the kitchen on the phone's screen – so having chips capable of handing wireless comms and video-processing becomes increasingly useful.

Not to mention the $50m in cost savings that the companies, who employ more than 3,000 people between them, expect to get out of the merger. ®

Intelligent flash storage arrays

More from The Register

next story
Chipmaker FTDI bricking counterfeit kit
USB-serial imitators whacked by driver update
Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?
The Fourth Amendment... and it IS better
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Microsoft to enter the STRUGGLE of the HUMAN WRIST
It's not just a thumb war, it's total digit war
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.