# Qualcomm agrees to acquire NXP Semiconductors for $47B

Qualcomm agreed to acquire NXP Semiconductors for approximately $47 billion, the largest semiconductor deal ever, expected to close by end of 2017 subject to regulatory approvals.

- Type: Acquisition
- Announced: 2016-11-01
- Where: Netherlands
- Value: $47.0B
- Status: announced
- Products: semiconductors, system on a chip, automotive chips, security chips, IoT chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Qualcomm](https://endata.com/companies/16058.md) (acquirer)
- [NXP Semiconductors](https://endata.com/companies/19521.md) (target)

## Sources

- [pinsentmasons.com](https://www.pinsentmasons.com/out-law/news/qualcomm-agrees-deal-to-acquire-nxp-semiconductors), 2016-11-02: "The NXP acquisition accelerates our strategy to extend our leading mobile technology into robust new opportunities, where we will be well positioned to lead by delivering integrated semiconductor solutions at scale."
- [sst.semiconductor-digest.com](https://sst.semiconductor-digest.com/insights-from-leading-edge/2016/11/iftle-312-mergers-acquisitions-and-rumors-imaps-2016/), 2016-11-28: "This will give Qualcomm a presence in the chips for smart cars market."
- [pinsentmasons.com](https://www.pinsentmasons.com/out-law/news/europe-to-investigate-qualcomm-acquisition-of-nxp1), 2017-06-15: "The European Commission has opened an in-depth investigation into the proposed purchase of semiconductor manufacturer NXP by Qualcomm under EU merger regulations."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.