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Qualcomm to acquire NXP Semiconductors for USD 47 bln
2016-10-27 13:27:00| Telecompaper Headlines
(Telecompaper) Qualcomm has agreed to buy NXP Semiconductors for USD 47 billion, strengthening its position in the wireless market and create a new growth market in automotive. Qualcomm will pay USD 110 per share in cash for NXP, a premium of over 30 percent compared to NXP's share price a month ago when reports of a possible takeover first emerged.
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Category:Telecommunications
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