Qualcomm has announced that it plans to acquire NXP Semiconductors for $47 billion USD, including debt, which will be largest semiconductor deal ever. NXP, for those of who don’t know, is a large player in the automotive, IoT, and security chips market. For reference, its chips are behind 14 of top 15 most-popular infotainment systems.
The point of this deal is about consolidation of efforts and resources. Qualcomm and NXP both wield a lot of influence in their respective markets — just imagine what they can do together.
Qualcomm to acquire NXP Semiconductors for $47 billion was written by the awesome team at Android Police.