CSR plc (CSR.L) announced that it has acquired from Trident Microsystems Inc. (TRID) Trident's MAP-Xtm audio product line for a cash consideration of approximately $1 million together with the assumption of certain liabilities.
As part of the acquisition, the Company has acquired certain IP-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 company said that the MAP-X processor delivers HD audio decoding and internet audio streaming for next-generation home audio, audio-video receivers and soundbars.
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