NXP to acquire Marvell’s WiFi, Bluetooth connectivity assets

News
M&A

Acquisition to expand NXP’s industrial & IOT, automotive and communication infrastructure footprint

NXP Semiconductors, through its wholly owned subsidiary, has entered into a definitive agreement to acquire Marvell Wireless Connectivity portfolio in an all-cash, asset transaction valued at USD1.76 billion, Dutch chipmaker announced in a press release on 29 May

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