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. [Read more…] about Qualcomm confirms it is buying NXP for $47 billion