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Wireless

Qualcomm to acquire NXP Semiconductors for USD 47 bln

Thursday 27 October 2016 | 13:27 CET | News
Qualcomm has agreed to buy NXP Semiconductors for USD 47 billion, strengthening its position in the wireless market and creating a new growth market in automotive. Qualcomm will pay USD 110 per share in cash for NXP, a premium of over 30 percent compared to NXP's share price a month ago when reports of a possible takeover first emerged.

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Categories: Mobile & Wireless
Companies: NXP Semiconductors / Qualcomm
Countries: World
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