• Acquisition of Cambridge Positioning Systems by Cambridge Silicon Radio

    BUSINESS SALE

Based in Cambridge, CSR is a renowned and respected provider of multifunctional connectivity and audio platforms.

Its technology portfolio includes Bluetooth, GNSS, FM, Wi-Fi (IEEE802.11), UWB and NFC. These and other technologies enable platforms that incorporate fully integrated radio, signal processing and microcontroller elements along with appropriate algorithms and software. CSR has enjoyed huge success and its Bluetooth offering has become the clear market leader in a multi-billion dollar market.

CSR’s technology has been adopted by market leaders into a wide range of mobile consumer devices such as phones, vehicle navigation and telematics systems, portable navigation devices (PNDs), wireless headsets, mobile computers, mobile internet devices, recreational devices, digital cameras and mobile gaming. CSR’s customers include industry giants such as Apple, Dell, LG, Motorola, NEC, Nokia, Panasonic, RIM, Samsung, Sharp, Sony, TomTom and Toshiba.

“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”

AMIR GHAFFAR | CEO
Innoveo

Team Members

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