NXP Semiconductors N.V. (NASDAQ: NXPI) has announced the completion of its acquisitions of Aviva Links, and Kinara.
On October 24, NXP closed the previously announced acquisition of Aviva Links for $243 million in cash before closing adjustments. Aviva Links is a provider of Automotive SerDes Alliance (ASA) compliant-in-vehicle connectivity solutions. The Aviva Links acquisition complements and expands NXP’s automotive networking solutions in the Automotive and Industrial & IoT end markets; and
On October 27, NXP closed the previously announced acquisition of Kinara, Inc. for $307 million in cash before closing adjustments. Kinara is an industry leader in high performance, energy-efficient and programmable discrete neural processing units (NPUs). The Kinara acquisition complements and expands NXP’s solutions for AI-powered edge systems in the Industrial & IoT and Automotive end markets.
These acquisitions were finalized pursuant to the terms of the previously announced agreements from December 2024 and February 2025, respectively.
NXP Semiconductors N.V. claims to be the trusted partner for innovative solutions in the automotive, industrial & IoT, mobile, and communications infrastructure markets. NXP's "Brighter Together" approach combines leading-edge technology with pioneering people to develop system solutions that make the connected world better, safer, and more secure.”
NXPI shares retreated $7.90, or 3.6% to $213.66.
