NXP pushes industrial IoT with $1.8bn deal for Marvell’s connectivity assets

Dutch firm NXP Semiconductors has completed the $1.76 billion acquisition of the wireless connectivity assets of Bermuda chip firm Marvell Technologies. The cash deal, agreed at the end of May, completed last week; it sees NXP augment its industrial IoT, automotive and communication portfolio with Wi-Fi and Bluetooth ‘combo solutions’ from Marvell.  Marvell posted $300…