Re: [tracker2] Anyone in the Fort Lauderdale area?
- From what I heard, the SiRF merger came out of a patent dispute.
Progin only ever mentioned problems with producing the housings, though.
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:
> "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
> 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
> Bloomington, Indiana US