Qualcomm-NXP Deal Proving That The Internet Of Things Has Reached An Inflection Point
QUALCOMM, Inc.’s (NASDAQ: QCOM) proposed $110 per share offer to acquire NXP Semiconductors NV (NASDAQ: NXPI) serves as a sign that the Internet of Things has reached an inflection point, at least according to Craig Hettenbach of Morgan Stanley. In a report on Friday, Hettenbach noted that the $47 billion proposed acquisition is the largest to date …
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