Qualcomm acquires imaging division from CSR
Qualcomm, a cellphone chipmaker, has announced that it is set to acquire the imaging operations of Israel-based CSR plc, according to local reports. CSR said it would be selling the business for $44 million.
The CSR operation in Israel is a 15 person team and a descendant of the Zoran engineering group with expertise in digital imaging and wireless photo transfer. CSR acquired Zoran in 2011. The group will move to Qualcomm's Haifa location, according to Haaretz.
In December 2013 CSR said it would discontinue development of its camera-on-a-chip, or COACH platform but would continue to develop imaging intellectual property for such markets as automotive and wearables. It is reported that CSR laid off a number of engineers at that time.
Two years previously, December 2011, CSR had announced it would cease investment in digital TV and silicon tuner lines and lay off about 800 employees. This was after it had bought Zoran earlier in the same year for about $484 million.
The acquisition by Qualcomm provides a fit with its focus on smartphones where the camera function is becoming primary while the market for digital still cameras is declining.
- Peter Clarke
EE Times Europe
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