Anyone expecting an IPO from Bluetooth trailblazer
Cambridge Silicon Radio plc (CSR) in the near future shouldn't hold their breath. CSR has dismissed media reports of a public listing before the end of this year as "pure speculation."
"We have no immediate plans," says communications manager Alan Woolhouse, adding that "CSR never comments on market rumors of a possible IPO." [Ed. note: Never say never, Alan. In fact, wasn't that first sentence a
comment?]
CSR has been at the forefront of the single-chip Bluetooth market since 1999, and has secured $85 million in funding over four rounds from VC firms
LDC and
Scottish Equity Partners (see
CSR Raises $19M and
Funding: Startup Roundup).
Last year the company was listed seventh in
Unstrung's Top 25 Startups poll, following successful early deals with
Microsoft Corp. (Nasdaq: MSFT) and
3Com Corp. (Nasdaq: COMS).
— Justin Springham, Senior Editor, Europe,
Unstrung
