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Nxp Semiconductors Explores Sale To Qualcomm: Sources

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A Qualcomm company bus used to transport employees among its many buildings is shown in San Diego, CaliforniaNXP Semiconductors NV is exploring selling itself to Qualcomm Inc in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday. The deal would help diversify Qualcomm's business and make it a bigger supplier to the automotive industry. An agreement with Qualcomm could be struck in the next two to three months, according to the Wall Street Journal, which first reported news of the talks.




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