CSR buys audo chip technology

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LONDON (ShareCast) - Wireless technology and computer chip company CSR (LSE: CSR.L - news) has acquired the MAP-X audio product line from US semiconductor solutions firm Trident Microsystems (NasdaqGS: TRID - news) . CSR is paying $1m for the assets and will also take on certain liabilities relating to the MAP-X business. As part of the acquisition, the company has acquired certain intellectual property-related assets such as patent and technology licences, and trademark rights related to the MAP-X business and a number of employees that support the MAP-X business from Trident's subsidiaries in Taiwan and Germany. The MAP-X processor delivers high definition audio decoding and Internet audio streaming for next-generation home audio, audio-video receivers and soundbars. CSR said the acquisition complements and strengthens its current capabilities in its Voice & Music business line. JH