[Reuters] NXP buys U.S. GPS semiconductor company GloNav

Posted by: UGN Security

[Reuters] NXP buys U.S. GPS semiconductor company GloNav - 12/21/07 02:29 AM

FRANKFURT (Reuters) - Dutch chipmaker NXP will buy U.S.-based semiconductor developer GloNav, which specializes in global positioning system (GPS) chips, for up to $110 million in cash, it said in a statement on Friday.



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