0
Wireless

NXP Semiconductors buys Marvell Wi-Fi, Bluetooth business for USD 1.76 billion

Wednesday 29 May 2019 | 14:47 CET | News
NXP Semiconductors is expanding in the wireless market with a deal to take over Marvell's Wi-Fi and Bluetooth businesses. The company agreed to pay USD 1.76 billion cash for the acquisition. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Marvell / NXP Semiconductors / Qualcomm
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NXP Semiconductors lowers revenue guidance for Q1 on Covid 19

Published 02 Mar 2020 08:57 CET | World
NXP Semiconductors has lowered its guidance for the first quarter, saying revenues will be impacted by the coronavirus (Covid 19) ...

NXP Semiconductors sees long-term growth after lower Q4

Published 04 Feb 2020 10:59 CET | World
NXP Semiconductors reported fourth quarter mainly in line with expectations and said it does believe demand trends within its end ...

Marvell completes disposal of wireless ops to NXP, lowers guidance for Q4

Published 09 Dec 2019 09:13 CET | World
NXP has completed its acquisition of Marvell's wireless connectivity portfolio for USD 1.76 billion. The operations include ...

Marvell reports mixed Q3, sees continuing effects on margin, profits from Huawei ban

Published 04 Dec 2019 10:36 CET | World
Marvell Technology reported a mixed set of results for the third quarter to 5 November and sees a further decline for its gross ...

NXP set to close acquisition of Marvell wireless business

Published 03 Dec 2019 15:51 CET | World
NXP Semiconductors announced that it's received all necessary regulatory approvals for its acquisition of the wireless ...

NXP Semiconductor reports lower Q3 as expected, amid uncertain mid-term market

Published 29 Oct 2019 12:05 CET | World
NXP Semiconductors reported third quarter results at the high end and even beyond its guidance, and voted in August to raise its ...

NXP Semiconductors raises quarterly dividend 50%

Published 30 Aug 2019 08:37 CET | World
NXP Semiconductors announced that its board of directors has approved the payment of an interim dividend for the third quarter of ...

NXP Semiconductors Q2 sales fall 3%, sees bigger drop in Q3

Published 30 Jul 2019 09:04 CET | World
NXP Semiconductors reported second-quarter results in line with its guidance and said it has not seen much improvement in market ...

NXP Semiconductors prices USD 1.750 bln worth of senior notes

Published 12 Jun 2019 09:47 CET | World
NXP Semiconductors has priced an offering of USD 750 million worth of senior unsecured notes due 2026 and USD 1 billion worth of ...

NXP premieres EdgeVerse platform brand to support Edge Compute portfolio

Published 11 Jun 2019 11:05 CET | World
NXP Semiconductors said it will launch its EdgeVerse platform brand at the NXP Connects exhibition and user conference. EdgeVerse ...

Marvell guides for lower revenues in Q2, including effects of Huawei ban

Published 31 May 2019 10:09 CET | World
Marvell Technology reported results for the first quarter in line with expectations. The company guided for lower revenues ...

Marvell buys ASIC specialist Avera Semiconductor for up to USD 740 mln

Published 21 May 2019 09:24 CET | World
Avera was previously part of IBM Microelectronics business. The company has recently started to investigate opportunities in ...

Marvell buys Aquantia in transaction valued at USD 452 mln

Published 06 May 2019 14:57 CET | World
Marvell Technology has acquired US-based Ethernet specialist Aquantia for USD 13.25 per share in cash, or USD 452 million in ...

NXP still uncertain about macro-economic conditions as Q1 comes within guidance, but lower

Published 30 Apr 2019 12:12 CET | World
NXP Semiconductors reported revenues off 8 percent from the year before to USD 2.1 billion in the first quarter, a bit higher ...

Marvell guides for lower Q1, sees recovery in Q2

Published 08 Mar 2019 09:35 CET | World
Marvell Technology reported results for the fourth quarter in line with its revised guidance. CEO Matt Murphy said the company ...

NXP Semiconductors raises USD 2 billion in debt issue

Published 04 Dec 2018 16:01 CET | World
NXP Semiconductors has raised USD 2 billion in new debt for refinancing. A portion of the proceeds will go to repaying its USD 1 ...

NXP takes new USD 1 bln bridge financing loan

Published 21 Sep 2018 09:51 CET | World
NXP Semiconductors has entered into a USD 1 billion senior unsecured bridge term credit facility agreement with its lenders and ...

NXP unveils USD 5 bln share buyback programme after solid Q2, abandoned deal with Qualcomm

Published 26 Jul 2018 16:05 CET | World
NXP Semiconductors reported a solid set of results for the second quarter, as it absorbed news its merger with Qualcomm is off. ...

Marvell completes takeover of Cavium, appoints new directors to board

Published 09 Jul 2018 09:43 CET | World
Marvell has closed its USD 6 billion acquisition of Cavium, saying the combination will create a leading semiconductor company ...