SiRF buys Centrality, maker of chips for mobile navigation, for $283M

updated

Venture-backed Centrality Communications Inc., a maker of chips used in mobile navigation devices, has agreed to be acquired by publicly traded SiRF Technology Holdings for $283 million in cash and stock.

SiRF Technology Holdings, of San Jose, Calif., has agreed to acquire Centrality Communications, a maker of chips for mobile navigation, for $283 million in stock and cash.

Centrality Communications, of Santa Clara, Calif, had raised roughly $50 million in venture capital, including from Acer Venture Partners, Enspire, Focus Ventures, Harbinger Venture Management, iD SoftCapital, Menlo Ventures, Venture Tech Alliance and Walden Internatonal.