Sunday, 24 June 2018

Qualcomm ramps up IoT strategy with $47bn NXP acquisition

By Nick Wood, Total Telecom
Thursday 27 October 16

Chip maker says deal will extend its presence in automotive, security sectors; deal to close by end of 2017.

Qualcomm on Thursday agreed to acquire Netherland's-based chip maker NXP in a transaction worth $47 billion (€42.96 billion). U.S.-based Qualcomm said the deal gives it a leading position in the markets for automotive, security, network processing and RF power, and IoT semiconductors, and complements its mobile processor and modem businesses…

Qualcomm on Thursday agreed to acquire Netherland's-based chip maker NXP in a transaction worth $47 billion (€42.96 billion). U.S.-based Qualcomm said the deal gives it a leading position in the markets for automotive, security, network processing and RF power, and IoT semiconductors, and complements its mobile processor and modem businesses…

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