British chipmaker agrees to takeover from Qualcomm
Jack Hyslop, science specialist for Christie's
London -AFP
British chipmaker CSR said Wednesday that it has agreed to a takeover from US giant Qualcomm.
The cash offer, pitched at 900 pence per share, values the group at £1.56 billion ($2.5 billion, 2.0 billion euros), it added in a statement.
"The board believes this represents a very attractive outcome for CSR shareholders, customers and employees," said CSR chairman Ron Mackintosh.
CSR, formerly known as Cambridge Silicon Radio, had rejected a takeover approach from US firm Microchip Technology in August.
- Wednesday ,28 November GMT 16:03 2018 Executive Office of Arab Ministers of Communications starts in Cairo
GMT 16:03 2018 Wednesday ,28 November
Executive Office of Arab Ministers of Communications starts in CairoGMT 09:09 2018 Thursday ,15 November
Syria, Iran discuss enhancing scientific cooperationGMT 09:53 2018 Wednesday ,07 November
Drones bring innovation to Africa, from Morocco to MalawiGMT 11:31 2018 Wednesday ,17 October
Japan high-tech fair CEATEC opens in ChibaGMT 14:03 2018 Monday ,08 October
American scientists awarded 2018 Prize in Economic SciencesGMT 07:35 2018 Monday ,08 October
First foreign space agency opens in Abu DhabiGMT 10:47 2018 Sunday ,07 October
Bahrain hosts World Robotics Olympiad2018GMT 09:20 2018 Thursday ,04 October
UAE participates in World Space WeekRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 11:56 2018 Thursday ,06 December
Messi primed for Catalan derby after Ballon d'Or snub
GMT 12:35 2017 Friday ,10 February
Infiniti Q60 Red Sport 400 set for Mideast debut
GMT 23:26 2017 Monday ,20 February
International 3D art festival to be held in Dubai’s City Walk
GMT 13:39 2017 Thursday ,19 October
Renowned International Literary Luminaries to Participate
GMT 06:53 2017 Saturday ,29 July
N. Korea leader says 'all US mainland' in range after missile testGMT 17:47 2011 Thursday ,17 November
Damage wrought by recent floods estimated at 65 MTD
GMT 14:33 2017 Thursday ,20 April
US defense secretary vows support for Egypt's Sisi
GMT 15:13 2016 Tuesday ,24 May
Climate change could lead to more dust storms in UAE, study shows
GMT 20:05 2016 Thursday ,04 August
Hurricane Earl Makes Landfall in Belize
GMT 15:18 2015 Monday ,18 May
'No right to fail' on climate change
GMT 10:57 2014 Monday ,04 August
Algeria to extend cooperation with Mali in higher educationGMT 12:33 2012 Sunday ,05 February
Grab your new motherboard nowGMT 10:20 2011 Thursday ,27 October
Kuwait participates in WASD 9th conference in New Jersey
GMT 09:49 2016 Tuesday ,14 June
Steenkamp's father says 'Oscar has to pay for his crime'
GMT 08:53 2016 Wednesday ,09 November
Khalifa bin Zayed Al Nahyan Foundation prepared to help ease climate change consequences
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor