Broadcom's recent "best and final offer" for a record-breaking Qualcomm takeover was not final after all, but it may well have been the best the potential seller will ever see.
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Qualcomm may well kill two birds with one stone by offering NXP more cash for a long-in-the-making acquisition, also keeping potential buyer Broadcom at bay.
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They say Qualcomm's management is opposed to any Broadcom deal right now, but $130 billion sounds like an offer the semiconductor giant can't refuse.
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This would be industry-shattering news if it didn’t make perfect sense and wasn’t already previewed in recent media speculation. Still, no one could have predicted Qualcomm’s desire to snag fellow semiconductor veteran NXP is so fervent that the San Diego-based tech giant agreed to cough up a whopping $47 billion.The Dutch company, founded way back in 2006, and the generator of $1.4 billion net income on $6.1B revenue last year, is currently “only” evaluated at around $33.5 billion. But ...
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The vast majority of today’s popular premium smartphones, iPhones not included, are powered by Snapdragon chips, despite Qualcomm’s highly publicized 810 overheating woes just last year.The San Diego-based semiconductor giant is also making decent headway in the low to mid-end handheld space, where MediaTek remains quite competitive, while the next wave of smartwatches should adopt its own custom-designed Snapdragons.Still, ...
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