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.
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Internet of Things (IoT) manufacturer Ciseco has launched the Raspberry Pi ‘Wireless Inventors Kit’ (RasWIK), featuring 88 pieces to provide everything a Pi owner needs to follow a series of step-by-step projects or to create their own wireless devices, without the need for configuration or even writing code.
RasWIK has been designed to be highly accessible, demystifying the dark art of wireless and enabling anyone with basic computing skills to begin building wireless devices with a Raspberry Pi. You can create anything from a simple traffic light, to a battery monitor, or even a temperature gauge that sends data to the Xively IoT cloud so billions can access the data.This month, Ciseco is giving away twelve Raspberry Pi Wireless Inventors kits, worth £49.99 each for EETimes Europe's readers to win.
And the winners are...
In our previous reader offer, Farsens was giving away five kits for EEtimes Europe readers to evaluate its FenixVortex, Kineo and X1 wireless, battery free sensor tags.
Lucky winners include Mr A. Neil from the UK, Mr. E. Delvaux from Belgium, Mr Lengal from the Czech Republic, Mr H. Bijlsma from the Netherlands, and Mr G. Pfaff from Germany. All should be receiving their packages soon. Lets wish them some interesting findings with their projects.
December 15, 2011 | Texas instruments | 222901974
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