NXP Semiconductor (NXPI) Worth $136-$172/Share in a Deal - Jefferies

Texas Instruments (TXN) Could be a Dark Horse in NXP Semi (NXPI) Bidding - Nomura

October 4, 2016 9:59 AM EDT

Nomura Securities analyst Romit Shah said it is almost inevitable that NXP Semiconductors NV (NASDAQ: NXPI) get acquired, and as a result he reiterated his Buy rating and raised his price target to $120.00 (from $95.00). While most expect Qualcomm (NASDAQ: QCOM) to win the process, and they don't disagree, they see Texas Instruments (NASDAQ: TXN) as a dark horse that hasn't been seriously thought of and could scoop up NXP.

Shah highlights that Texas Instruments has M&A in their DNA. The company has made 33 acquisitions over the... More

Drexel Hamilton Not Fans of Rumored NXP (NXPI) Takeover Price, Says $40-$45B Should Be Minimum

September 30, 2016 12:29 PM EDT

Drexel Hamilton analyst Cody Acree weighed in on NXP Semiconductors NV (NASDAQ: NXPI) amid reports Qualcomm (NASDAQ: QCOM) is looking to acquire the company. Acree said NXP doesn't need Qualcomm and they are not fans of the reported $30 billion takeover price. The analyst said $40-$45 billion is the minimum that should be even considered.

Acree commented, "While we see some... More

Cowen Boosts PT on Qualcomm (QCOM) to $74 Amid NXP Semi (NXPI) Chatter; Xilinx (XLNX) Also Seen as Potential Suitor

September 30, 2016 6:42 AM EDT

Cowen boosts its price target on Outperform-rated Qualcomm (Nasdaq: QCOM) from $62 to $74 following chatter that the company and NXP Semi (Nasdaq: NXPI) might be in merger talks.

Analyst Tim Arcuri commented late Thursday, With smartphone units having slowed, QCOM re-trenching somewhat in China to the mid to higher end, and a diversified modem strategy from AAPL, we believe QCOM... More

Mizuho Securities Upgrades Qualcomm (QCOM) to Buy on Potential NXP Deal

September 29, 2016 7:10 PM EDT

Mizuho Securities upgraded Qualcomm (NASDAQ: QCOM) from Neutral to Buy with a price target of $75.00 following reports the company is looking to acquire NXP (NASDAQ: NXPI)

Analyst Vijay Rakesh commented, "We believe a deal here makes... More

NXP Semiconductors (NXPI) Would be Worth $140-$160/Share Based on Average Valuation for Semiconductor Deals - Deutsche Bank

September 29, 2016 3:52 PM EDT

Deutsche Bank analyst Ross Seymore commented on NXP Semiconductors (NASDAQ: NXPI) following rumors earlier that the company is in talks to be acquired by Qualcomm (NASDAQ: QCOM). Based on the average valuation for semiconductor deals since 2014, NXP Semiconductors could fetch $140-$160 per share, said the analyst.

Seymore... More

NXP Semi (NXPI) 'Will Not Comment' on Qualcomm (QCOM) Speculation

September 29, 2016 3:12 PM EDT

NXP Semiconductors (Nasdaq: NXPI) commented on chatter that it and Qualcomm (Nasdaq: QCOM) could be in merger talks.

One rep for the NXP Semi told StreetInsider, We have a policy to not comment on rumors or speculation.

Shares of NXP Semi are up over 15 percent late Thursday.

... More

NXP Semiconductors explores sale to Qualcomm: sources

September 29, 2016 1:31 PM EDT

By Greg Roumeliotis and Liana B. Baker

(Reuters) - NXP Semiconductors NV (NASDAQ: NXPI) is exploring selling itself to Qualcomm Inc (NASDAQ: QCOM) in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday.

The deal would help diversify Qualcomm's business and make it a bigger supplier to the automotive industry. Talks are in the early stages and NXP may entertain other offers, should they emerge, according to one of the sources.

An... More

Qualcomm (QCOM) in Talks to Acquire NXP Semiconductors (NXPI) - DJ

September 29, 2016 1:11 PM EDT

(Updated - September 29, 2016 1:13 PM EDT)

Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI), according to Dow Jones. The report said a deal could be stuck in the next two to three months. The... More