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Morning Post: European Union officially approves Qualcomm's acquisition of NXP Semiconductors

Date, 2013-12-11
Number of visits: 11

     

[Technology Breakfast]


● EU officially approved Qualcomm to acquire NXP Semiconductors


The European Commission today formally approved Qualcomm’s acquisition of NXP Semiconductors for US$38 billion, which has previously been questioned by the EU and assessed whether the transaction will involve monopoly. The EU Antitrust Commissioner stated that relevant institutions in the EU will ensure that Qualcomm’s acquisition of NXP Semiconductors will not stop consumers from continuing to enjoy these innovative technologies at a reasonable price.

As a condition of this transaction, Qualcomm will abandon the acquisition of NXP Semiconductors' NFC-related standard essential patents and some non-standard essential patents. These patents will be transferred to third parties and will be granted worldwide royalty-free authorization for 3 years.

Z Comments: NXP's product technology and solutions are used in the following five market segments: automotive electronics, smart identification, home entertainment, mobile and personal mobile communications, and multiple market semiconductors.

早报:欧盟正式批准高通收购恩智浦半导体公司
恩智浦半导体


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