Qualcomm acquired CSR by 2.4 billion USD

Yesterday, Qualcomm announced that it has finished the acquisition with CSR which is one chipset manufacturer in UK. It will help Qualcomm expand its business in IoT and Auto area.

In last two years, the demand of smart phones is very low. Though, smart phone manufacturers launched several new and high performance smart phones, but it does not change the situation. In the second quarter of 2015, the shipment volume of smart phones broke the lowest record. It is a sign that smart phone will keep on reducing in following years. As a new business, IoT is becoming booming recently. As the leader of smart phone chipset, Qualcomm start to lay out its IoT project.

CSR is considered to be the best add-on for Qualcomm, it has very rich of product lines, like Bluetooth chipset, GPS, and IoT chipset. Especially, its CSRmesh technology is one mesh network communication technology with low power consumption.

In last Oct, Qualcomm has already started this acquisition, and it was finished yesterday by its high offer. As the competitor of Qualcomm, what will Intel do in next?