Thursday, February 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Qualcomm Introduces First Integrated 802.11ax-ready Solution for Smartphones
Google Brings Digital Assistant to Nest Camera
ARM Wants to Integrate a SIM Card into SoCs for IoT
Qualcomm Announces New Snapdragon 845 Mobile VR Reference Design, Qualcomm TrueWireless Stereo Technology
Broadcom Lowers Offer for Qualcomm
Fujitsu Releases with the new 2 in 1 Tablet STYLISTIC Q738
AMD Brings x86 'Zen' Architecture to the Embedded Market With new Ryzen Processors
Battery Makers Struggle to Source Cobalt, Including Apple
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 27, 2016
Qualcomm Is Buying NXP Semiconductors in A $38.1B Deal


Smartphone chipmaker Qualcomm has officially announced it is buying NXP Semiconductors N.V. in a deal valued at approximately $38 billion.

NXP shareholders will receive $110 per share for each share they own. That's an 11.5 percent premium to the company's Wednesday closing price of $98.66. The companies put the deal's total value at about $47 billion.

The combined company is expected to have annual revenues of more than $30 billion.

The boards of both companies approved the transaction, which is targeted to close by the end of 2017.

Following the acquisition, Qualcomm, already a leader in mobile SoCs, 3G/4G modems and security, will expand its footprint across key growth opportunities -- automotive, Internet of Things, security and networking.

NXP is a leader in high-performance, mixed-signal semiconductor electronics, with products and solutions such as broad-based microcontrollers, secure identification, network processing and RF power.

As a leading semiconductor solutions supplier to the automotive industry, NXP also has leading positions in automotive infotainment, networking and safety systems, with solutions designed into 14 of the top 15 infotainment customers in 2016. NXP has also a broad customer base, serving more than 25,000 customers through its direct sales channel and global network of distribution channel partners.



Previous
Next
Twitter Announces Restructuring and Headcount Reduction, Shuts Down Vine        All News        Fujitsu Launches First 4 Mbit ReRAM
Twitter Announces Restructuring and Headcount Reduction, Shuts Down Vine     General Computing News      Weak Smartphone Sales Keep LG Electronics's Third-quarter Profit Down

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Introduces First Integrated 802.11ax-ready Solution for Smartphones
Qualcomm Announces New Snapdragon 845 Mobile VR Reference Design, Qualcomm TrueWireless Stereo Technology
Broadcom Lowers Offer for Qualcomm
Qualcomm Sweetens Offer for NXP
Qualcomm is Seeking for a Better Offer From Broadcom
Qualcomm to Discuss Next Steps Following Meeting With Broadcom
Qualcomm Announces Wireless Edge Services, 2 Gbps LTE Modem, 5G NR Roadmap
Broadcom to Seek the Election of Six, Rather than 11, Nominees to the Qualcomm Board
Qualcomm Board Rejects Revised Broadcom Proposal
Qualcomm Lists Carrier and Smartphone Makers that Will Use its 5G Chips in 2019
Could Qualcomm be Excluded From the iPhone Supply Chain?
Broadcom Makes Final Offer for Qualcomm

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .