# Qualcomm to acquire NXP Semiconductors for $47B

Qualcomm announced its proposed $47 billion acquisition of NXP Semiconductors. The European Commission has initiated an in-depth investigation into the deal, with a decision expected by October 17, 2017.

- Type: Acquisition
- Announced: 2017-06-09
- Where: United States
- Value: $47.0B
- Status: announced
- Products: baseband chipsets, near-field communication, secure elements
- 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

- [designworldonline.com](https://www.designworldonline.com/qualcomm-nxp-merger-under-scrutiny-as-eu-investigates-competition-concerns/), 2017-06-12: "The European Commission has initiated an 'in-depth' probe into the U.S. chipmaker's proposed $47 billion acquisition of Netherlands-based NXP Semiconductors."
- [rethinkresearch.biz](https://rethinkresearch.biz/articles/qualcomm-fights-several-fronts-save-crucial-nxp-deal/), 2017-07-04: "The European Commission has expressed concerns that the deal could 'lead to higher prices, less choice and reduced innovation in the semiconductor industry'."

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