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NXP’s acquisition of Marvell’s Wi-Fi and Bluetooth connectivity assets on track to close in first half of December 2019.
December 3, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. and Marvell announced that all necessary regulatory approvals have been received for NXP’s acquisition of the wireless connectivity portfolio from Marvell. The companies expect to close the transaction in the first half of December 2019. “We are pleased that the closing of this deal is upon us, and ahead of schedule,” NXP CEO Rick Clemmer said. “Marvell’s world-class engineering team and industry-leading connectivity product set, especially the disruptive Wi-Fi 6 portfol...
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