It’s not official yet, but the European Commission is expected to approve Qualcomm’s $47 billion acquisition of NXP. Initially the Commission thought that the combination of Qualcomm’s baseband processors and NXP’s NFC tech will harm competition.
It seems that its in-depth investigation has concluded that this is not the case. Both Qualcomm and the Commission have not made an official comment yet.
This comes as a bit of good news for the Snapdragon maker as it’s trying to fight off a takeover by Broadcom. Broadcom stated that it wants to acquire Qualcomm regardless of the outcome of the…