What's Happened To All The M&A?
Have you noticed how the semiconductor M&A thing has gone away?
Last year there were around $120 billion worth of M&A deals done. This year, apart from a few failed Chinese bids and a NXP shedding a division or two, there hasn’t been much. “It’s not the same gold rush,” says Reinhard Ploss.
Why is this? The industry is stagnant this year as it was last year. The world economy ticks over. Nothing much has changed.
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