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Title    Qualcomm Considering Purchase of NXP Semiconductors for $30 Billion
Date    Saturday October 01 2016, @09:12PM
Author    martyb
Topic   
from the big-money-for-little-chips dept.
https://soylentnews.org/article.pl?sid=16/10/01/0244238

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 .


Original Submission

Links

  1. "Qualcomm discusses a possible merger with NXP Semiconductors" - http://www.nytimes.com/2016/09/30/business/dealbook/qualcomm-is-said-to-be-in-talks-to-buy-nxp-semiconductors.html
  2. "a takeover deal for ARM Holdings" - http://www.nytimes.com/2016/07/19/business/dealbook/softbank-buys-chip-designer-arm.html
  3. "Avago Technologies bought Broadcom" - http://www.nytimes.com/2015/05/29/business/dealbook/avago-agrees-to-acquire-broadcom-for-37-billion.html
  4. "Intel paid nearly $17 billion for Altera" - http://www.nytimes.com/2015/06/02/business/dealbook/intel-altera-buy-chips-computers-chip-maker.html
  5. "TechCrunch" - https://techcrunch.com/2016/09/29/qualcomm-reportedly-in-acquisition-talks-with-nxp-semiconductors/
  6. "Reuters" - http://www.reuters.com/article/us-nxp-m-a-qualcomm-idUSKCN11Z2IE
  7. "Bloomberg" - https://www.bloomberg.com/gadfly/articles/2016-09-29/qualcomm-nxp-semiconductors-is-it-the-right-fit
  8. " Ars Technica " - http://arstechnica.com/gadgets/2016/09/wsj-qualcomm-could-spend-over-30-billion-to-acquire-nxp-semiconductor/
  9. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=16155

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