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
High voltage LEDs help simplify compact fixture design
March 11, 2014
Philips Lumileds has launched a mid-power LED which allows lighting manufacturers to design in high voltage drivers that ...
Fullerene-free organic solar cells achieve record conversion efficiency
Abu Dhabi creates iMicro hub for microsystems research
Low-power wireless modules market reaches USD1.40bn in 2014
Certification program clears market path for LED luminaires
Executive Interview: Channelling higher power into smaller packages
March 11, 2014
EE Times Europe Power Management's editor, Paul Buckley interviews Phil Davies, VP Global Sales & Marketing of Vicor ...
Energy efficient 4-Gb DDR3 memory enters mass production
The EFM32 Zero Gecko starter kit in stock at RS Components
Novel nickel-manganese-cobalt cathode technology gains patent clearance
- DSM presents: Select the best plastic for DDR4
- Wireless Sensor Network Challenges and Solutions
- Putting FPGAs to Work in Software Radio Systems Handbook
- Real-Time Spectrum Analysis for Troubleshooting 802.11n/ac WLAN Devices
InterviewExecutive Interview: Channelling higher power into smaller packages
EE Times Europe Power Management's editor, Paul Buckley interviews Phil Davies, VP Global Sales & Marketing of Vicor plc to discover what the leading power conversion company sees as the major technology ...
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, Freescale is giving away ten RIoTboards, worth 74 dollars each, for EETimes Europe's readers to win.
Designed to run Android operating systems efficiently or to run under Linux, the board is based on the Freescale i.MX 6Solo processor; using the ARM Cortex-A9 architecture.
And the winner is...
In our previous reader offer, Crystal Display was giving...Read more
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.