- Qualcomm (QCOM +0.7%) is buying U.K. chipmaker CSR's (CSRE -0.6%) Israeli ops. TheMarker reports the purchase price is $45M.
- The purchase provides Qualcomm with imaging IP and engineering talent. The company states the deal will help it "continue successfully developing cameras so that smartphones will provide the same quality as a digital camera."
- Qualcomm doesn't compete in the image sensor market, but it has integrated a decent amount of image-processing IP into its Snapdragon processors. Its flagship Snapdragon 805 can handle 55MP images with the help of dual image signal processors (ISPs).
- Last week, Qualcomm announced it has bought power amplifier vendor Black Sand.
From other sites
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs