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Qualcomm Considering Purchase of NXP Semiconductors for $30 Billion

posted by martyb on Saturday October 01 2016, @09:12PM   Printer-friendly
from the big-money-for-little-chips dept.

An Anonymous Coward writes:

Consolidation in the chip-making industry continues apace as Qualcomm discusses a possible merger with NXP Semiconductors:

Qualcomm is in discussions to buy NXP Semiconductors in what would be another act of consolidation in the chip-making industry, a person briefed on the matter said on Thursday. If completed, a deal could be valued at more than $30 billion, given NXP's market value of roughly $28 billion as of Wednesday's market close. Talks were continuing and could still fall apart.

A union of Qualcomm and NXP would be the latest in an industry that has recently experienced big mergers. Earlier this year, SoftBank of Japan struck a takeover deal for ARM Holdings, a British chip designer, for $32 billion. Last year, Avago Technologies bought Broadcom for $37 billion, while Intel paid nearly $17 billion for Altera.

Also at TechCrunch, Reuters, Bloomberg, and Ars Technica .

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  • (Score: 0) by Anonymous Coward on Saturday October 01 2016, @10:11PM

    by Anonymous Coward on Saturday October 01 2016, @10:11PM (#408880)

    Which half? The half that can't be automated?

    Most Americans are trash and are destined to DIE in the GUTTER. Robots will use their bones to make postmodern art.