NXP Semiconductors Bets Big On Auto Connectivity With $242.5 Million Aviva Links Deal

Benzinga12-17 22:30

NXP Semiconductors N.V. (NASDAQ:NXPI) shares are trading slightly lower on Tuesday in the premarket session. The firm announced that it has entered into a definitive agreement to acquire Aviva Links, ...

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(NASDAQ:NXPI) shares are trading slightly lower on Tuesday in the premarket session.\nThe firm announced that it has entered into a definitive agreement to acquire Aviva Links, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nxp-semiconductors-bets-big-auto-143022948.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NXP Semiconductors Bets Big On Auto Connectivity With $242.5 Million Aviva Links Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNXP Semiconductors Bets Big On Auto Connectivity With $242.5 Million Aviva Links Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nxp-semiconductors-bets-big-auto-143022948.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NXP Semiconductors N.V. (NASDAQ:NXPI) shares are trading slightly lower on Tuesday in the premarket session.\nThe firm announced that it has entered into a definitive agreement to acquire Aviva Links, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nxp-semiconductors-bets-big-auto-143022948.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/nxp-semiconductors-bets-big-auto-143022948.html","article_id":"2492196595","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/nkz1CbSp6PBzrbab.gXaTw--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/553606a96c6ac3c56279e15007275199"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492196595","pubTimestamp":1734445822,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"NXP Semiconductors N.V.  shares are trading slightly lower on Tuesday in the premarket session.The firm announced that it has entered into a definitive agreement to acquire Aviva Links, a provider of advanced in-vehicle connectivity solutions, in an all-cash transaction valued at $242.5 million.This acquisition is aimed at expanding NXP’s positionin the automotive industry, particularly in the areas of advanced driver-assistance systems and in-vehicle infotainment.Aviva Links specializes in Automotive SerDes Alliance compliant solutions, which are critical for the increasingly complex needs of software-defined vehicles.NXP Semiconductors, a founding member of the Automotive SerDes Alliance, aims to leverage this acquisition to shift the market from proprietary solutions to open-standard ASA SerDes links.NXP Semiconductorssaid it is confident that this move will strengthen its position in automotive networking solutions and help accelerate the development of software-defined vehicles, o","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","NXP":"Nuveen Select Tax-Free Income Po","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1861214812.USD":"Blackrock Future of Transport A2 USD","NXPI":"恩智浦","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4588":"碎股","LU1046421795.USD":"富达环球科技A-ACC","BK4141":"半导体产品","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","BK4561":"索罗斯持仓","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","BK4512":"苹果概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD"},"translate_title":"恩智浦半导体斥资2.425亿美元收购Aviva Links，押注汽车连接","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXP":1,"NXPI":0.9},"content_text":"NXP Semiconductors N.V. (NASDAQ:NXPI) shares are trading slightly lower on Tuesday in the premarket session.\nThe firm announced that it has entered into a definitive agreement to acquire Aviva Links, a provider of advanced in-vehicle connectivity solutions, in an all-cash transaction valued at $242.5 million.\nThis acquisition is aimed at expanding NXP’s position in the automotive industry, particularly in the areas of advanced driver-assistance systems and in-vehicle infotainment.\nAviva Links specializes in Automotive SerDes Alliance compliant solutions, which are critical for the increasingly complex needs of software-defined vehicles.\nWith the rising demand for high-performance connectivity in digital cockpits and other in-vehicle systems, Aviva Links brings a highly advanced portfolio of SerDes point-to-point and Ethernet-based connectivity that supports data rates up to 16 Gbps. The company has already secured design wins with major automotive OEMs and is actively sampling its devices to Tier-1 suppliers.\nAlso Read: Elon Musk Hopes TSLA Stock Will Reach $690 As Analysts Raise Price Target Despite Technical Indicators Flashing Warning Signals\nNXP Semiconductors, a founding member of the Automotive SerDes Alliance, aims to leverage this acquisition to shift the market from proprietary solutions to open-standard ASA SerDes links.\nThe ASA standard, which scales from 2 Gbps to 16 Gbps, is designed to facilitate seamless communication between vehicle sensors and improve overall system efficiency. This shift to open-standard solutions is expected to drive significant growth in the ADAS and IVI asymmetrical links market, which is projected to expand from $1 billion in 2024 to $2 billion by 2034.\nThe acquisition is expected to close in the first half of 2025, pending customary closing conditions and regulatory approvals.\nNXP Semiconductors said it is confident that this move will strengthen its position in automotive networking solutions and help accelerate the development of software-defined vehicles, offering complete networking solutions to OEMs.\nNXP Semiconductors held cash and equivalents of $3.1 billion as of September 29, 2024.\nPrice Action: NXPI shares are trading lower by 0.51% to $217.00 premarket at last check Tuesday.\nRead Next:\n\nNew US Cars To Sound Warnings If Rear Passengers Fail To Fasten Seat Belts: ‘More We Can Do To Make Sure Everyone Buckles Up’\n\nPhoto via Shutterstock.\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nThis article NXP Semiconductors Bets Big On Auto Connectivity With $242.5 Million Aviva Links Deal originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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