SAN DIEGO, Dec. 11, 2017 /PRNewswire/ -- Qualcomm
Incorporated (NASDAQ: QCOM) today issued the following statement in
response to Elliott Management regarding NXP.
Elliott's value assertion for NXP is unsupportable and is
clearly nothing more than an attempt to advance its own
self-serving agenda. We remain fully committed to closing the
acquisition of NXP and believe that the agreed-upon price of
$110 is full and fair.
About Qualcomm
Qualcomm's technologies powered the smartphone revolution and
connected billions of people. We pioneered 3G and 4G – and now we
are leading the way to 5G and a new era of intelligent, connected
devices. Our products are revolutionizing industries, including
automotive, computing, IoT, healthcare and data center, and are
allowing millions of devices to connect with each other in ways
never before imagined. Qualcomm Incorporated includes our licensing
business, QTL, and the vast majority of our patent portfolio.
Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated,
operates, along with its subsidiaries, all of our engineering,
research and development functions, and all of our products and
services businesses, including, our QCT semiconductor business. For
more information, visit Qualcomm's website, OnQ blog, Twitter and
Facebook pages.
Qualcomm Contacts:
Pete Lancia, Corporate
Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Sinnott, Investor
Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
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SOURCE Qualcomm Incorporated