Qualcomm to buy NXP for $38 billion in largest chip deal - Page 1
Forum section: electronics / general

author: EEVblog
author_rank: Unknown
timestamp: October 27, 2016, 12:47:24 pm
content: It never ends!And NXP just bought Freescale.http://www.reuters.com/article/us-nxpsemiconductors-m-a-qualcomm-idUSKCN12R1AW

author: coppice
author_rank: Super Contributor
timestamp: October 27, 2016, 12:58:04 pm
content: I find the interesting things about this is that Qualcomm has always steered clear of making silicon. Now when most other companies are trying to get out of making silicon, Qualcomm is trying to move into it.

author: nctnico
author_rank: Super Contributor
timestamp: October 27, 2016, 01:51:56 pm
content: A local website says $47 billion dollars!

author: coppice
author_rank: Super Contributor
timestamp: October 27, 2016, 01:57:40 pm
content: Quote from: nctnico on October 27, 2016, 01:51:56 pmBut only $38B after they apply the discount code at the checkout.

author: RGB255_0_0
author_rank: Frequent Contributor
timestamp: October 27, 2016, 02:05:52 pm
content: Quote from: nctnico on October 27, 2016, 01:51:56 pmBecause that includes NXP's debt.

author: mac.6
author_rank: Regular Contributor
timestamp: October 27, 2016, 03:50:26 pm
content: It's 47Billions in NXP PR.

author: trophosphere
author_rank: Frequent Contributor
timestamp: October 27, 2016, 04:14:47 pm
content: I don't want to have to be signing more NDAs.

author: daqq
author_rank: Super Contributor
timestamp: October 27, 2016, 05:56:44 pm
content: ...fudge.

author: Cerebus
author_rank: Super Contributor
timestamp: October 27, 2016, 08:36:44 pm
content: Quote from: trophosphere on October 27, 2016, 04:14:47 pmYeh, you beat me to it.There is nothing I find more frustrating than finding a description of a part that might fit what I'm looking for and then running into the "apply for the datasheet" barrier. Those parts get discarded as immediately unsuitable for that reason alone. Life is too short to negotiate the labyrinths of a company that makes it that hard to decide if something's suitable for my needs. If getting the datasheet is hard, imagine how hard it must be to actually buy something. I pray that mindset doesn't poison NXP and, by extension, Freescale.

author: Kjelt
author_rank: Super Contributor
timestamp: October 29, 2016, 09:58:50 am
content: And the ceo Rick Clemmer earns 380M€ on this deal.Wait a moment what do the engineers that made the company so profitable get?A bottle of wine in their Xmass package?

author: Richard Head
author_rank: Frequent Contributor
timestamp: October 29, 2016, 10:06:14 am
content: And the ceo Rick Clemmer earns 380M€ on this deal.How can the shareholders ever agree to such an outrageous commission? Makes me sick.This world is fu%$# up.

author: dannyf
author_rank: Super Contributor
timestamp: October 29, 2016, 01:04:46 pm
content: QuoteHe earned ever penny of that. Essentially, Qualcomm is buying NXP to buy Freescale (and some of NXP's infotainment business). Freescale is a great acquisition for NXP. As the ceo, he found an undervalued asset. That's how value is created.QuoteJust see how much the shareholders made and the answer will be clear.

author: Cerebus
author_rank: Super Contributor
timestamp: October 29, 2016, 01:37:06 pm
content: Quote from: dannyf on October 29, 2016, 01:04:46 pmYou've just effectively equated 'found' and 'created' or, more correctly, conflated. The value had to exist to be 'found' and to already exist it had to have been already 'created'.It's exactly that kind of woolly thinking that gets used to justify the salaries of all the non-productive executives in the world while the people who actually do the work get little or nothing. Moreover, my personal experience of senior management suggests that 'found' is more likely to mean 'accidentally tripped over'. I usually find that senior management successes are in spite of senior management, not because if it.

author: RGB255_0_0
author_rank: Frequent Contributor
timestamp: October 29, 2016, 02:05:04 pm
content: Quote from: Cerebus on October 29, 2016, 01:37:06 pmBut the executives (non-productive ones) decide which direction to take the company in. Sometimes they fail and when a company goes bust you never say it's the employees' fault, but the management's fault.So, with the shoulder of burden and blame comes the shoulder of riches to be squandered or garnered.

author: Cerebus
author_rank: Super Contributor
timestamp: October 29, 2016, 02:30:13 pm
content: Quote from: RGB255_0_0 on October 29, 2016, 02:05:04 pmIf that was the case I might agree with you. The truth, garnered both from things I've watched first hand and in the news, is that the C suite get off scot free while it's the proles who always pay in the end. Who's paid/paying for the 2008 banking crisis? Us or all the bankers who weren't ruined or didn't go to jail?

author: Kjelt
author_rank: Super Contributor
timestamp: October 29, 2016, 02:54:55 pm
content: Quote from: RGB255_0_0 on October 29, 2016, 02:05:04 pmIt is completely out of any decent proportion. A CEO is also just an employee and perhaps gets more than thirty times the paycheck of the average Joe, no problem there. But the stock options, bonusses and all the other bullshit management incentives should stop, they serve no purpose just to evade income taxes.

author: razberik
author_rank: Frequent Contributor
timestamp: October 29, 2016, 03:06:08 pm
content: Well, I just hope that things like BAV99, BAT54 or BC847 will be available to buy.

author: RGB255_0_0
author_rank: Frequent Contributor
timestamp: October 29, 2016, 03:26:30 pm
content: Quote from: Cerebus on October 29, 2016, 02:30:13 pmYes, I wholeheartedly agree that those bankers (and politicians who allowed for it to happen) should have lost everything. At most a couple here in the UK lost their pretentious titles. People like Philip Green (BHS) are almost untouchable.Quote from: Kjelt on October 29, 2016, 02:54:55 pmPerhaps. That's pretty subjective though. If you've grown a company from having a shareprice of ~$10 in 2010 to $100 today then he's done right for the company and deserves his wealth. IMO.

author: seb30
author_rank: Contributor
timestamp: October 29, 2016, 03:51:50 pm
content: Quote from: razberik on October 29, 2016, 03:06:08 pmFortunately, I have not so much NXP parts on my current design.I am afraid I will need to think twice before using NXP parts now !Does someone already use/bought parts from Qualcomm ?

author: dannyf
author_rank: Super Contributor
timestamp: October 29, 2016, 04:06:37 pm
content: I voiced the view when the NXP/Freescale deal was announced that NXP parts are at risk as NXP was really marrying up. Freescale in many sense bring market leading positions to NXP which was a little lost in terms of its product portfolio.The Qualcomm deal will accelerate the transition. It wouldn't surprise me if there is a divestiture to follow soon that will involve the generic (discrete) parts that are in NXP's book today.

author: nctnico
author_rank: Super Contributor
timestamp: October 29, 2016, 05:05:44 pm
content: Newsflash: NXP's jelly beans parts department has already been sold. Seehttp://www.nexperia.com/

author: seb30
author_rank: Contributor
timestamp: October 29, 2016, 06:38:24 pm
content: Quote from: nctnico on October 29, 2016, 05:05:44 pmBack to VLIW media processor home !!

author: dannyf
author_rank: Super Contributor
timestamp: October 29, 2016, 06:42:46 pm
content: The investor base between the nxo buyout and the freescsle buyout overlaps a lot.They all made off handsomely for themselves, their LPs, and public investors.And many kuttke guys through their 401k and pension

author: Kjelt
author_rank: Super Contributor
timestamp: July 23, 2018, 05:43:32 pm
content: Thursday after almost two years the ultimate deadline will finally end.Will China agree in the deal or will it all go bust?Watch the final episode of this soap on your local news media

author: Kjelt
author_rank: Super Contributor
timestamp: July 26, 2018, 07:55:43 am
content: And the verdict is: it is all off, cancelled.No permission from the chinese government.So time to move on.Two years......... what a weird and rediculous process.

author: nctnico
author_rank: Super Contributor
timestamp: July 26, 2018, 10:22:25 am
content: I feel relieved though. NXP makes a lot of automotive devices with long term availability. Qualcomm OTOH seems more interested in consumer stuff which dissapears quickly. I don't see how two companies that operate in such different markets could merge succesfully anyway.

author: Kjelt
author_rank: Super Contributor
timestamp: July 26, 2018, 12:30:34 pm
content: I thought Qualcomm wanted to buy NXP to diversify more and be less dependent on theor patent portfolio for revenues.But the answer probably is that you can't merge those different strategies, you can let them run parallel though.

author: Kjelt
author_rank: Super Contributor
timestamp: December 03, 2018, 08:34:32 am
content: And another last episode to this ongoing soap story: almost a year to late, China now agrees to a takeover of NXP from Qualcomm.But I do not think any of the two companies is interested anymore. Unbelievable.

author: OwO
author_rank: Super Contributor
timestamp: December 03, 2018, 12:39:23 pm
content: Qualcomm is concentrated evil so I'm glad this deal fell through. We need more governments to exercise their wrath over mega corporations and promote competition.

author: nctnico
author_rank: Super Contributor
timestamp: December 03, 2018, 05:44:50 pm
content: Quote from: Kjelt on December 03, 2018, 08:34:32 amIt was only Trump farting in the wind while being oblivious to the facts as usual. Qualcomm has already spend the money on buying their shares back. Ofcourse the Chinese president is very pleased he could make Trump happy with something worthless -again-.

author: Wan Huang Luo
author_rank: Regular Contributor
timestamp: December 03, 2018, 05:56:37 pm
content: Quote from: OwO on December 03, 2018, 12:39:23 pmQualcomm sucks!