30 Oct '16, 11am

Qualcomm to acquire NXP

Qualcomm Inc. has reached a definitive agreement to acquire NXP Semiconductors N.V., a leader in high-performance, mixed-signal semiconductor electronics. As a leading semiconductor solutions supplier to the automotive industry, NXP also has leading positions in automotive infotainment, networking and safety systems, with solutions designed into 14 of the top 15 infotainment customers in 2016. NXP has a broad customer base, serving more than 25,000 customers through its direct sales channel and global network of distribution channel partners. “With innovation and invention at our core, Qualcomm has played a critical role in driving the evolution of the mobile industry. The NXP acquisition accelerates our strategy to extend our leading mobile technology into robust new opportunities, where we will be well positioned to lead by delivering integrated semiconductor solutions a...

Full article: http://www.ept.ca/2016/10/qualcomm-acquire-nxp/

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via @eetimes

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