UPDATE 1-Qualcomm nears $37 billion deal to buy NXP Semiconductors -source
October 21, 2016 at 10:21 AM EDT
Oct 21 (Reuters) - Qualcomm Inc is nearing a deal to acquire NXP Semiconductors NV for around $37 billion, a person familiar with the matter said on Friday, as the U.S. company seeks to expand the reach of its chips from phones to cars.