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Qualcomm to Acquire NXP, Creates A Massive Semiconductor Company
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Qualcomm to Acquire NXP, Creates A Massive Semiconductor Company
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31st October 2016, 06:32
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,514
 |  Qualcomm to Acquire NXP, Creates A Massive Semiconductor Company Qualcomm and NXP Semiconductors on Thursday announced that they had signed an agreement, under which Qualcomm will acquire NXP. The boards of both companies have already unanimously approved the all-cash deal representing a total enterprise value of about $47 billion. The new entity will be able to address thousands of devices and the combined expertise of both companies will be particularly important for automotive, mobile and IoT industries, which are poised for growth. The combined company will be one of the world’s largest suppliers of semiconductors in general, with revenues comparable to those of Samsung and Intel. However, it is not going to be easy to combine the assets of Qualcomm and NXP under one company. http://www.anandtech.com/show/10797/...to-acquire-nxp |
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