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Re: [tracker2] Anyone in the Fort Lauderdale area?

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  • Scott Miller
    From what I heard, the SiRF merger came out of a patent dispute. Progin only ever mentioned problems with producing the housings, though. Scott
    Message 1 of 7 , Apr 29, 2009
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      From what I heard, the SiRF merger came out of a patent dispute.
      Progin only ever mentioned problems with producing the housings, though.

      Scott

      Bob Poortinga wrote:
      >
      >
      >
      > "G8UVE" <g8uve@... <mailto:g8uve%40yahoo.co.uk>> writes:
      >
      > > There seems to be a supply problem
      >
      > Maybe this has got something to do with it:
      >
      > <http://investor.sirf.com/releasedetail.cfm?releaseid=364338
      > <http://investor.sirf.com/releasedetail.cfm?releaseid=364338>>
      >
      > "San Jose, Calif. - February 9, 2009 - SiRF Technology Holdings, Inc.
      > (NASDAQ: SIRF), a leading provider of GPS-enabled silicon and premium
      > software location platforms, today announced a definitive agreement
      > under which SiRF and CSR plc (LSE: CSR) will merge in a stock-for-stock
      > transaction to create a global leader in connectivity and location
      > platforms.
      > The Boards of Directors of both companies have unanimously approved the
      > transaction, which is expected to close in the second quarter of 2009."
      >
      > Perhaps, this new company which probably holds close to a monopoly in GPS
      > chipsets has decided to create an artificial shortage in order to drive up
      > prices? Is the date of this merger just a coincidence? I suppose it is
      > also possible that SiRF stopped or limited production for a while in order
      > to inflate its balance sheet before the merger. Draw your own conclusions.
      >
      > 73 de
      > --
      > Bob Poortinga K9SQL <http://www.linkedin.com/in/bobpoortinga
      > <http://www.linkedin.com/in/bobpoortinga>>
      > Bloomington, Indiana US
      >
      >
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