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Form 8-K · Current Report · Filed 2024-12-17

NXP Announces Acquisition of Aviva Links

On December 17, 2024, NXP Semiconductors N.V.

Filer
NXP Semiconductors N.V. NXPI · NASDAQ
Filed
Accession
0001413447-24-000134
CIK
0001413447
Signal
Low impactTechnology

Details

announced its entry into a definitive agreement to acquire Aviva Links, a provider of Automotive SerDes Alliance (ASA) compliant in-vehicle connectivity solutions, in an all-cash transaction valued at $242.5 million.

Items reported

Item 8.01

Other Events

Corporate Update

Market reaction

Close before filing

$218.18

Next session

-3.6%

Since filing

+5.0%

Latest close

$229.16

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from NXPI reporting the same item, with the next session's move:

Exhibits (1)

About NXP Semiconductors N.V.

NXP Semiconductors N.V. is a leading global semiconductor manufacturer specializing in the development of advanced chip technology. The company's primary purpose is to design and supply high-performance mixed-signal electronics solutions that enable secure connections for a wide range of applications. These applications span various industries, including automotive, industrial, mobile, and communication infrastructure. NXP plays a crucial role in the automotive sector, providing solutions for in-vehicle networking, secure car access, and connected infotainment systems. Additionally, its expertise in providing secure identification solutions positions it as a significant player in the growing Internet of Things (IoT) market, with products that facilitate smart home devices and industrial automation. Founded in 2006 and headquartered in Eindhoven, Netherlands, NXP has established itself as a pivotal entity within the semiconductor market, consistently contributing to advancements in digital communications and smart city infrastructure. Through its innovative solutions, NXP supports the technological evolution of key industries, thereby maintaining its significance and influence in the global semiconductor landscape.

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