Mobile chipmaker Qualcomm is looking to shrink the silicon space a bit further with a potential acquisition of Netherlands-based NXP Semiconductors, in a deal that could be worth over $30 billion according to a new report from the Wall Street Journal. The deal could be finalized in as few as two months from now, according to the report. If it goes through, it could signal a big move for
The chip industry consolidation spree does not appear to be slowing down.
Shares of chip maker NXP Semiconductors (NXPI) are up $15.05, or over 18%, at $97.29, after The Wall Street Journal’s Eyk Henning and Dana Mattioli reported a short while ago that Qualcomm (QCOM) has been talking with NXP about buyi...
Qualcomm is in talks to acquire NXP Semiconductors, a deal that would likely be valued at over $30 billion and represent the latest merger in a rapidly consolidating semiconductor industry.