English
What NXP Lost and Regained Post-Qualcomm
By Junko Yoshida, EETimes
November 8, 2018
An 11-hour flight from San Francisco to Frankfurt in mid-June flipped almost every expectation in Lars Reger’s business life — lock, stock, and barrel. Anticipating the eventual merger between Qualcomm and NXP Semiconductors, Reger, NXP’s automotive CTO, had devised a technology roadmap for an automotive division that generates roughly half of NXP’s revenue.
Eleven hours earlier, Reger was resting in an airport lounge after the NXP Connects Conference in Santa Clara, awaiting his flight home. At that moment, someone approached Reger and asked him about an article in that day’s South China Morning Post. The title: “Beijing ‘approves Qualcomm’s purchase of NXP.’”
NXP and Qualcomm had been waiting 20 months for this moment. Reger broke into a big smile, high-fived his colleague, and ordered champagne.
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