# Qualcomm offers to buy NXP Semiconductors without some patents

Qualcomm has offered to acquire NXP Semiconductors for $38 billion, but has proposed to exclude some patents to address EU antitrust concerns. The offer was submitted to the European Commission on October 5, 2017.

- Type: Acquisition
- Announced: 2017-10-10
- Where: Netherlands
- Value: $38.0B
- Status: announced
- Products: automotive chips, semiconductors
- 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

- [reuters.com](https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm-eu/qualcomm-offers-to-buy-nxp-minus-some-patents-to-allay-eu-concerns-sources-idUSKBN1CF20D/), 2017-10-10: "Qualcomm has offered to buy NXP Semiconductors without some of its patents in a bid to win EU antitrust regulatory approval for the $38 billion deal."
- [wsj.com](https://www.wsj.com/articles/qualcomm-says-nxp-deal-on-track-as-it-accelerates-in-driverless-tech-1508284183), 2017-10-17: "We are still on track to close this year."

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