CSR Announces the Addition of Compaq and Philips Ventures As Strategic Investors Raising a Further $8 Million for the Company.Business/High Tech Editors Bluetooth(TM)Developers Conference-- Booth No. 712 SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Dec. 5, 2000 Bluetooth(TM) Developers Conference-- Cambridge Silicon Radio (CSR (1) (Customer Service Representative) A person who handles a customer's request regarding a bill, account changes or service or merchandise ordered. Agents in call centers are known as CSRs. See call center. ), a leading provider of single-chip radio devices and the industry's first single-chip Bluetooth(TM) solution, is pleased to announce it has secured $8 million in additional funding through investments made by Philips Ventures and Compaq. This funding follows on the heels of a successful private equity placing last month with several blue-chip corporations and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. , which raised $34 million for the company. CSR will use the funds to further invest in the development of its single-chip Bluetooth solution, BlueCore(TM), and to accelerate the company's global expansion and market-leading position. "Following the success and overwhelming demand of our last fundraising, we are very pleased to welcome on board both Compaq and Philips Ventures," said Phil Russell Notable persons named Phil Russell or Philip Russell include;
About CSR CSR (Cambridge Silicon Radio) specializes in providing single-chip radio devices to the global market for short-range radio communications, including Bluetooth. The company's mission is to create the most highly integrated radio devices available, fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: using standard CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. technology, to provide its customers with low-cost ownership of high quality digital radio. CSR was the first company to offer a fully integrated 2.4GHz radio, baseband and microcontroller A single chip that contains the processor (the CPU), non-volatile memory for the program (ROM or flash), volatile memory for input and output (RAM), a clock and an I/O control unit. Bluetooth solution on one CMOS chip, with its BlueCore(TM)01. CSR's BlueCore01 is the industry's first true single-chip Bluetooth solution. Together with the Flash ROM Another term for flash memory. Since flash chips can be updated over and over, the ROM (read only) designation is somewhat misleading. "ROM" is used more to mean not volatile than not changeable. See flash memory. Flash ROM - Flash Erasable Programmable Read-Only Memory containing the CSR Bluetooth software stack (1) A stack that is implemented in memory rather than in hardware registers. See stack. (2) A generic reference to a set of system programs or a set of application programs that form a complete system. See stack. , it provides a fully compliant Bluetooth solution for data and voice communications. The design is optimized to require very few external RF components to facilitate a rapid design of the motherboard, and therefore the fastest time to market and lower overall cost. More information about CSR can be found on the web site at www.csr.com About Bluetooth Bluetooth is the codename for a technology specification for low-cost, short-range radio links between mobile PCs, mobile phones and other portable devices. The Bluetooth specification marks the first time that major players in the converging communications and computer industries have defined a radio standard that allows mobile phones, hand-held computers Noun 1. hand-held computer - a portable battery-powered computer small enough to be carried in your pocket hand-held microcomputer portable computer - a personal computer that can easily be carried by hand and PCs to communicate wirelessly with each other without manual intervention from the user. The specification's ability to meet cost/performance needs for a whole raft of applications will be a significant factor in its adoption. Bluetooth is lower in cost than alternative wireless standards and will also often allow a lower cost replacement for cables and connectors, in particularly when accounting for installation and maintenance. More information about Bluetooth can be found on the web site at www.bluetooth.com |
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