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. [Read more…] about Qualcomm could become king of the road if it buys NXP