Qualcomm (QCOM), Xilinx (XLNX) Held Talks Earlier this Year; Talks Didn't Progress - Bloomberg (NXPI)

September 30, 2016 11:33 AM EDT

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(Updated - September 30, 2016 11:39 AM EDT)

Qualcomm (Nasdaq: QCOM) held early talks with several potential targets, including NXP Semiconductors (NASDAQ: NXPI), according to Bloomberg, citing people familiar. Qualcomm also considered a handful of other large acquisitions in recent month and held preliminary talks with Xilinx (Nasdaq: XLNX) earlier this year.

The report said Xilinx talks didn't progress, and there is no guarantee Qualcomm will proceed with any prospective deal now.

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