Qualcomm’s NXP Acquisition and Impact for the Audio Industry
With rumors already circulating for some time, on October 27, 2016, Qualcomm announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP Semiconductors. With the acquisition, Qualcomm gets access to a vast portfolio of solutions from the Dutch giant, which was once Philips Semiconductors and remains until now a leading supplier of key technologies for mobile devices and wireless and wired audio applications.
