Qualcomm expects to close the deal by the summer of 2015, giving it a boost in automotive and connected devices.
Not only are the folks at RPM Technik passionate about restoring and selling Stuttgart's finest, they're also building their own take on the 911 -- the CSR.
Yet another multibillion-dollar deal in the chips world could be coming as soon as next week, according to a report.
The combination continues the consolidation in the chips business, as firms bulk up to better supply components to more connected gadgets.
Don Mattrick, Zynga's current CEO, will depart the company immediately after less than two years on the job. He had previously run Microsoft's Xbox business.
Chipmakers are eager to stake a claim in the new market that promises to make dumb things smart by connecting to the Internet.
In an interview with CNET, the mobile-chip maker's president, Derek Aberle, discusses his company's strategy to grow in 2015, as well as its China troubles.
Cuts at the mobile-chips giant come as it faces a handful of ongoing government investigations into its business practices.
The semiconductor company says that Samsung has also agreed to invest $34.4 million for a 4.9 percent equity stake in CSR.
Adding to its antitrust problems in China, the chipmaker says it's now under investigation by US and European government agencies.