Moto sells GPS for $20 million

SiRF Technology Holdings, the San Jose, CA-based GPS developer has acquired Motorola’s GPS chip set product lines for $20 million in cash.


SiRF Technology Holdings, the San Jose, CA-based GPS developer has acquired Motorola’s GPS chip set product lines for $20 million in cash. As part of the agreement, SiRF also has become a preferred GPS technology supplier to Motorola.


Motorola’s GPS business has about 40 employees, based in Tempe, Arizona and Basingstoke in the UK.


Its existing GPS chip set products include the MG2000, used in telematics applications, and the MG4x00 (Instant GPS), used in cellular handsets and for public safety two-way radios.


To further enhance its GPS offering, SiRF also has acquired the rights to some of the GPS chip set products that Motorola currently has under development.


This is not the first acquisition this year for SiRF. In April it disclosed that it was buying the Swedish transceiver design house Kisel Microelectronics. As part of that move, SiRF will establish SiRF Technology (Sweden) as a wholly owned subsidiary.