Qualcomm's push into an interconnected world

Qualcomm has agreed to purchase British chipmaker CSR for $2.5 billion. Already a leader in making chips used in mobile devices, the purchase will allow Qualcomm to become further immersed in the mobile world.

"I think it's a really smart purchase for Qualcomm because it allows the company to diversify its offerings and to go to device-makers and say we have now some Bluetooth technology that we can offer in addition to the chips that we've been offering for years," said John Simons, business editor at the International Business Times.

The company said the addition of CSR's leadership in Bluetooth technologies will strengthen its position in areas such as portable audio, automotive and wearable devices.

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The purchase also will boost its technological presence in the U.K., Qualcomm said.