Report: NXP not in talks, would consider offer
April 12, 2011 // Peter Clarke
Dutch chip company NXP Semiconductors BV is not in takeover talks, according to a Reuters report that quotes company CEO Rick Clemmer.
This contradicts a report from Dutch newspaper De Telegraaf which said NXP was in talks with Intel, Broadcom and Qualcomm, referencing an unnamed banker as its source.
The Reuters report quoted Clemmer saying he would have to consider a high premium offer, such as the one that Texas instruments Inc. has made for National Semiconductor Corp., which would value NXP shares at $55 to $60 each.
"NXP isn't for sale. And I haven't held talks with the CEOs of Intel, Qualcomm or Broadcom for five or six weeks." the report quoted Clemmer as saying. He said that when he had talked to Qualcomm and Broadcom previously it was about routine customer issues.
NXP (Eindhoven, The Netherlands) was created by a private equity buy out from Koninklijke Philips Electronics NV in 2006 for 6.4 billion euros (about $8 billion).
NXP holds a strong position in Near Field Communications (NFC) which is set to become the method whereby consumers make wireless financial transactions using cell phones, turning them into electronic wallets. Google is incorporating NFC into its Android platform and Apple is expected to include NFC in an upcoming iteration of its iPhone.
Report: NXP in takeover talks with Intel, Broadcom, Qualcomm
Saltwater-powered lamp lights up areas with no electricity
July 29, 2015
An LED lamp powered by salt and tap water is being offered as a safer and more efficient means of lighting in areas with ...
Audi to demo OLED exterior lighting at IAA
First color-tunable graphene-based LED is demonstrated
Mobile security report shows malware impacting Android market
Qualcomm enables wireless charging for mobile devices with metal cases
Intel, Micron launch "bulk-switching" ReRAM
July 28, 2015
Intel Corp. and Micron Technology Inc. have launched a new class of non-volatile memory that they have called 3D Xpoint and ...
Demand for radar systems boosts Infineonís chip production
'Test city' opens for autonomous cars
AMS buys environmental sensor business from NXP
- Dual Phase Buck Controller Drives High Density 1.2V/60A Supply with Submilliohm DCR Sensing
- Test environment for the positioning elements of wearable devices
- Automotive Circuit Protection using Littelfuse Automotive TVS Diodes
- Top 5 Challenges for testing Today's Consumer Electronics
InterviewGlobalfoundries' CEO on why FD-SOI and why now
With its latest news Globalfoundries Inc. has not only confirmed itself as a supporter of the fully-depleted silicon-on-insulator (FD-SOI) approach to IC manufacturing but that it also thinks sufficiently ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Novelda is giving away two full XeThru Inspiration kits worth 1499 US Dollars each, for EETimes Europe's readers to experiment first hand with its XeThru technology.Based on the use of radio waves, rather than infrared, ultrasound or light, the company's X2M1000 Inspiration modules can detect presence just from the chest movement while breathing, and measure both the rate and... MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.