Broadcom bids $130 billion to buy Qualcomm in what would be the largest-ever acquisition in technology sector

Chipmaker Broadcom has proposed to buy Qualcomm and is willing to pay a massive $130 billion for the company. 

Qualcomm is yet to publicly respond to the offer, but Broadcomm has made outlined its offer in detail.

Broadcom is offering $70 per share to be received by Qualcomm stockholders which would consist of $60 in cash and $10 per share in Broadcom shares.  Continue reading Broadcom bids $130 billion to buy Qualcomm in what would be the largest-ever acquisition in technology sector

Qualcomm and Apple’s legal battle may indicate the future of cars, as Foxconn looks to build driverless tech factory

The legal battle between Qualcomm and Apple may portend the future direction of car technology.

Qualcomm says Apple manufacturers are not paying the correct amount of money for the chipmaker’s intellectual property the iPhone maker is licensing – basically they’re not paying anything.

The lower, or absent, payments probably account for Qualcomm’s patent licensing business falling 42 per cent this year, according to CNBC.  Continue reading Qualcomm and Apple’s legal battle may indicate the future of cars, as Foxconn looks to build driverless tech factory

Brain Corp raises $114 million to develop self-driving technology for robots

Brain Corp, an artificial intelligence company specializing in the development of self-driving technology for robots, has raised $114 million in a Series C funding round led by the SoftBank Vision Fund.

Brain has developed AI and self-driving technology to enable robots to perceive their environment, learn to control their motion, and navigate using visual cues and landmarks while avoiding people and obstacles.

The investment will be used to further develop AI technology and create brains for multiple types of commercial and consumer robots.  Continue reading Brain Corp raises $114 million to develop self-driving technology for robots

Qualcomm says it’s producing 1 million chips a day for IoT applications

qualcomm board

Qualcomm says it is currently shipping more than 1 million chips per day for the internet of things. 

The company made the announcement at its IoT industry analyst workshop.

The company says its production momentum reflects Qualcomm’s “unique ability to invent and deliver the technologies needed for the IoT, and to meet challenging customer requirements for interoperability, connectivity, compute and security”.  Continue reading Qualcomm says it’s producing 1 million chips a day for IoT applications

GE, Nokia and Qualcomm unveil ‘first’ private LTE-based trial network customized for industrial IoT

ge predix windmill

GE Digital, Nokia Networks and Qualcomm Technologies say they have successfully demonstrated a private LTE network for the industrial internet of things market.

LTE stands for “long term evolution” and refers to an advanced version of the 4G network.

The new GE-Nokia-Qualcomm network meshes together each party’s platforms and technologies.

The companies plan to further research and conduct live field trials throughout 2017 based on this demonstration, which they says is “designed to advance the digitization of industrial processes”.  Continue reading GE, Nokia and Qualcomm unveil ‘first’ private LTE-based trial network customized for industrial IoT

Qualcomm unveils first communications chip for connected cars

qualcomm at ces

Chip giant Qualcomm has revealed its first communications chip for connected cars, a market in which it is soon to be dominant after its acquisition of NXP Semiconductor goes through. 

Presenting the new chip at CES, Patrick Little, Qualcomm’s senior vice president of automotive, said the chip can handle cellular signals at speeds measured in gigabits per second, according to a report in the Wall Street Journal.

“No longer will you be cranking windows and pushing buttons,” WSJ quoted Little as saying. “You’ll walk into your car and it will feel like a very seamless transition with your handset.”

Full report on Wall Street Journal

Connected cars: A massive new market for chipmakers

The Benz Patent Motorwagen, invented by Carl Benz in the 1880s, is regarded as the first motor car ever made. 

It was a purely a mechanical machine with no electronics.

It wasn’t until the 1930s that electronics started playing a part in cars, which had become much more complex and more powerful since the original motorwagen.

And electronics have played an increasingly large role ever since.  Continue reading Connected cars: A massive new market for chipmakers

Qualcomm confirms it is buying NXP for $47 billion

qualcomm-snapdragon

Qualcomm and NXP Semiconductors have announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP.

Qualcomm will pay $110 per share in cash, representing a total enterprise value of approximately $47 billion.

NXP is a specialist in high-performance, mixed-signal semiconductor electronics, with innovative products and solutions and leadership positions in automotive, broad-based microcontrollers, secure identification, network processing and RF power.  Continue reading Qualcomm confirms it is buying NXP for $47 billion

Qualcomm could become king of the road if it buys NXP

qualcomm headquarters

Mergers and acquisitions happen quite frequently these days, and there’s a lot of interest surrounding them. 

For example, there are currently strong rumours that US smartphone chip giant Qualcomm is about to buy NXP Semiconductor for $40 billion.

NXP itself last year bought Freescale for $12 billion. The deal gave NXP access to the market for micro-controllers, in which Freescale is one of the leading companies.

And in a separate, similarly large deal, Japanese communications colossus SoftBank recently agreed to buy the British chip designer ARM for $32 billion.  Continue reading Qualcomm could become king of the road if it buys NXP

Qualcomm and NXP ‘agree $40 billion deal’

nxp chip on board

Chipmakers Qualcomm and NXP Semiconductors have reportedly agreed a $40 billion takeover deal, according to CNBC

Wall Street Journal reported a couple of weeks ago that Qualcomm was in negotiations to buy NXP for $30 billion, and TechCrunch.com says the acquisition would be “a huge consolidation move for the silicon industry”.

Neither company has so far commented on the talks, and have not confirmed they are taking place.

But now, CNBC is confident that Qualcomm and NXP “have agreed an all-cash handshake deal that Qualcomm will pay $110 a share for NXP … in a deal that would be close to $40 billion”.

Qualcomm has a market capitalisation of more than $100 billion, and earned over $25 billion in revenue in 2015. The company has 27,000 staff and is headquartered in California, in the US.

NXP is valued at $35 billion and had revenues of $6 billion in 2015. It has 45,000 staff and is headquartered in the Netherlands, Europe.

Qualcomm signs up partners to develop smart cities and industrial applications

qualcomm snapdragon chipset

Qualcomm says a large number of companies have agreed to use its chipsets in their future technologies for smart cities and industrial applications 

Qualcomm Technologies says it has secured more than 100 design wins across more than 60 original equipment manufacturers (OEMs) and module OEMs based on its MDM9x07 chipset family comprised of the Qualcomm Snapdragon X5 LTE (9×07) modem and MDM9207-1 modem for the Internet of Things (IoT).

The flexible chipset family offers security-focused and optimized cellular connectivity, as well as edge processing for a large array of devices and systems within the IoT.

These modems are designed to address customer connectivity and power challenges in a wide range of use cases including in:

  • smart cities;
  • commercial applications; and
  • industrial designs.

Continue reading Qualcomm signs up partners to develop smart cities and industrial applications