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Acquisition progress of Broadcom - Qualcomm - NXP, and more such news early 2018

The most significant acquisition news in semiconductor industry in 2017 is Broadcom acquiring Qualcomm. The process had just started in 2017 with much to happen in 2018. Even Qualcomm has still not yet completed the acquisition of NXP. However it has announced that the European Commission and the Korea Fair Trade Commission (KFTC) authorized the acquisition of NXP Semiconductors by Qualcomm. With this it has now received 8 of the 9 approvals around the world, with China remaining. Qualcomm said it is committed to exclude certain near-field communication (NFC) patents from the proposed transaction and ensure that NXP licenses those patents to third parties. Qualcomm also added that it is committed not to assert the NFC patents it will acquire from NXP and maintain interoperability between Qualcomm’s baseband chipsets and NXP’s NFC chips and rivals baseband chipsets and NFC chips. Qualcomm to continue to offer a license to MIFARE on terms commensurate with those offered by NXP today. Broadcom stated in a release that "Qualcomm has refused to engage with Broadcom and has instead elected to remain a standalone company, which fails to address Qualcomm's fundamental business challenges, including its ongoing disputes with customers and regulatory investigations in numerous jurisdictions." "Qualcomm management has repeatedly overpromised and under-delivered since the anno...
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