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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: 3, Insightful) by RamiK on Saturday October 01 2016, @11:19PM

    by RamiK (1813) on Saturday October 01 2016, @11:19PM (#408893)

    Qualcomm isn't academia or even a startup. They're not in the innovation business. They're in the market-share and IP holding business. They don't want talent. They want code monkeys capable of reading specs from the startups they bought to churn out working bits & silicone.

    If you want innovation, start here: http://www.eetimes.com/document.asp?doc_id=1327633&page_number=2 [eetimes.com]

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  • (Score: 0) by Anonymous Coward on Saturday October 01 2016, @11:22PM

    by Anonymous Coward on Saturday October 01 2016, @11:22PM (#408895)

    Breast implants used to be made from silicone. Chips are made from silicon.

    • (Score: 0) by Anonymous Coward on Sunday October 02 2016, @01:30AM

      by Anonymous Coward on Sunday October 02 2016, @01:30AM (#408935)

      Technically, since silicon doesn't exist in nature, you start with silicone and break it down to silicon.

      +1 silicone anal suppository