Qualcomm to Acquire NXP

It's around three weeks since the press release but there are no news updates from carlwilliamson recently so I decided to post the information.

In less than one year after the NXP-Freescale merger closed, Qualcomm Incorporated and NXP Semiconductors N.V. announced on Oct. 27, 2016 an agreement under which Qualcomm will acquire NXP. The combined company is expected to have annual revenues of more than $30 billion.

qualcomm-acquires-nxp.jpg?2Qualcomm to Acquire NXP