Qualcomm to acquire NXP Semiconductors for $47 billion in cash

Qualcomm has agreed to buy NXP Semiconductors for $110.00 per share ($47 billion) in cash. The chip maker intends to fund the transaction with cash on hand and new debt. The combined company is expected to have annual revenues of more than $30 billion, serviceable addressable markets of $138 billion in 2020 and leadership positions across mobile, automotive, … Continue reading "Qualcomm to acquire NXP Semiconductors for $47 billion in cash"

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