Wireless News
10-21-2016, 10:40 AM
http://l3.yimg.com/bt/api/res/1.2/TAZ96FLwZY5Ap3RnNZlNFg--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/Reuters/2016-10-21T135846Z_1_LYNXNPEC9K13B_RTROPTP_2_NXP-M-A-QUALCOMM.JPG (http://news.yahoo.com/qualcomm-nears-deal-acquire-nxp-semiconductors-source-135846638--finance.html)Qualcomm Inc is nearing a deal to acquire NXP Semiconductors NV for around $37 billion, a person familiar with the matter said on Friday, as the U.S. company seeks to expand the reach of its chips from phones to cars. The deal would make San Diego-based Qualcomm, which supplies Android smartphone makers and Apple Inc, a bigger supplier to the automotive industry as it grapples with slowing smartphone sales and stiff competition from Chinese and Taiwanese rivals. The acquisition of NXP by Qualcomm for $110 per share in cash could be announced within days, although there is always a possibility of a last-minute glitch, the source said, asking not to be identified because the negotiations are confidential.
More... (http://news.yahoo.com/qualcomm-nears-deal-acquire-nxp-semiconductors-source-135846638--finance.html)
More... (http://news.yahoo.com/qualcomm-nears-deal-acquire-nxp-semiconductors-source-135846638--finance.html)