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Qualcomm-NXP deal to be historically largest in M & A rush

Qualcomm-NXP deal to be historically largest in M & A rush

Qualcomm chipset maker is negotiating with NXP Semiconductors to buy it for more than $30 billion. NXP's stock up by 15% to market value of $33 billion. If deal is done it may be historically largest in deal of semiconductors. NXP had completed in December its merger with Freescale Semiconductoes valued at $ 40 billion. M & A is trying for growth as revenue growth has declined & making smaller,faster chips is becoming complex