NXP Semiconductors (NXPI) Breaks Above Qualcomm (QCOM) Deal Price for First Time
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NXP Semiconductors (NXPI) and Amazon (AMZN) Web Services Announce Internet of Things Cooperation
July 27, 2017 10:16 AM EDTNXP Semiconductors N.V. (NASDAQ: NXPI) today announced it is working with Amazon (NASDAQ: AMZN) Web Services (AWS), to successfully complete the integration of Amazon Greengrass on its Layerscape Intelligent Gateway platform. Amazon Greengrass is a software that extends AWS Cloud capabilities to local devices, making it possible for them to collect and analyze data closer to the source of information, while also securely communicating with each other on local networks. This integration provides efficient security support for edge computing and Internet-of-Things (IoT) cloud interactions, enabling agile business... More
Qualcomm (QCOM) Extends Tender Offer for Outstanding Shares of NXP (NXPI)
July 27, 2017 7:33 AM EDTQualcomm Incorporated (NASDAQ: QCOM) today announced that Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. (NASDAQ: NXPI). The tender offer is being made pursuant to the Purchase Agreement, dated as of October 27, 2016, by and between Qualcomm River Holdings B.V. and NXP. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on August 24,... More
