Qualcomm Is Said to Be in Talks to Buy NXP Semiconductors – The New York Times.

Qualcomm is in discussions to buy NXP Semiconductors in what would be another act of consolidation in the chip-making industry, a person briefed on the matter said on Thursday.

If completed, a deal could be valued at more than $30 billion, given NXP’s market value of roughly $28 billion as of Wednesday’s market close. Talks were continuing and could still fall apart.

A union of Qualcomm and NXP would be the latest in an industry that has recently experienced big mergers. Earlier this year, SoftBank of Japan struck a takeover deal for ARM Holdings, a British chip designer, for $32 billion.

Last year, Avago Technologies bought Broadcom for $37 billion, while Intel paid nearly $17 billion for Altera.

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Catching up on this one… Interesting of course, NXP is associated with a lot of the NFC (payment) tech, Qualcomm is all about smartphones, so seems like a good match, 2016 continues to be the mega-merger year.