Qualcomm buys The Netherlands’ NXP Semiconductor for $47 billion in cash

Qualcomm has agreed to acquire NXP Semiconductors, a Dutch global semiconductor manufacturer headquartered in Eindhoven, in an all-cash deal worth more than $47 billion. The former chipmaker aims to be less dependent on the pressured smartphone market and find ways to sell its modems and processors for other applications, such as cars and IoT devices, […]

Berlin hardware startup and Y Combinator alum Senic raises seed funding from Target Partners

Berlin, Germany-based Senic has raised seed funding from Target Partners after graduating from Silicon Valley-based accelerator Y Combinator. The company builds hardware and software that seeks to enable humans to more easily interact with their smart homes. The startup’s first product, Nuimo, is a smart home controller that enables interaction with in-home technology such as […]

British wearable tech startup Vector Watch raises $5 million more for its stylish smart watches

Vector Watch, the London-based wearable technology company that has made noise with its range of elegant (and long battery life-sporting) smart watches, has secured $5 million in funding. The British-Romanian startup has raised the fresh capital from a group of unnamed high-net-worth individuals, alongside Catalyst Romania and GECAD Group. The latter investment company, which was […]

Banking on drones: France’s Parrot increases capital by €300m; Bpifrance takes 5% stake for €33m

This happened last week but seems to have been largely overlooked by non-French media: Parrot, the publicly-listed, Paris, France-based maker of drones and other consumer electronics, has increased its capital by just south of €300 million. Bpifrance, the French government-backed investment group, is injecting €33 million (PDF) into the company in exchange for a 5% […]