# European Commission opens in-depth investigation into Qualcomm acquisition of NXP

The European Commission has opened an in-depth investigation into Qualcomm's proposed $47 billion acquisition of NXP Semiconductors, citing concerns about higher prices and reduced innovation in the semiconductor industry.

- Type: Acquisition
- Announced: 2017-06-14
- Where: Netherlands
- Value: $47.0B
- Status: announced
- Products: semiconductors, NFC chips, secure element chips, automotive chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.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/europe-to-investigate-qualcomm-acquisition-of-nxp), 2017-06-14: "The European Commission has opened an in-depth investigation into the proposed purchase of semiconductor manufacturer NXP by Qualcomm under EU merger regulations."

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