Qualcomm Inc. agreed to buy NXP Semiconductors NV for $39 billion, adding the top supplier of automotive chips to the San Diego company best known for designing smartphone chips. The agreement represents the biggest semiconductor deal ever, eclipsing Avago Technologies Ltd.’s pact to buy rival Broadcom Corp. for $37 billion, and behind only Dell Inc.’s $60 billion acquisition of EMC Corp. among pure tech deals. The deal...

Source: Wall Street Journal October 27, 2016 10:45 UTC