CAREY OLSEN: Carey Olsen advises NXP on US$242.5 million acquisition of Aviva Links

Press Release from Carey Olsen, Tuesday 21 January, 2025.

Carey Olsen has advised global leader in automotive processing and networking, NXP Semiconductors NV (NASDAQ: NXPI) (“NXP”) on its entry into a definitive agreement to acquire Aviva Links via an all-cash transaction valued at US$242.5 million. The acquisition is expected to close in the first half of 2025 subject to customary closing conditions, including regulatory approvals.

CAREY OLSEN: Carey Olsen advises NXP on US$242.5 million acquisition of Aviva Links

Aviva Links brings the industry’s most advanced ASA compliant portfolio, supporting SerDes point-to-point and Ethernet-based connectivity to enable complex driver-assistance systems and in-vehicle infotainment. The company has already secured design wins at two major automotive OEMs and is sampling its devices to various OEMs and Tier-1 suppliers.

The acquisition will enable NXP to expand its position in the automotive industry and is expected to boost growth in the industry by shifting the market from propriety solutions to open-standard ASA SerDes links.

The Carey Olsen Cayman Islands corporate team advising on this transaction comprised partner Dylan Wiltermuth and associate Nicholas Vasic, alongside onshore counsel Kastner Gravelle LLP.

CAREY OLSEN: Carey Olsen advises NXP on US$242.5 million acquisition of Aviva Links

Dylan Wiltermuth commented: “NXP’s acquisition of Aviva Links represents an exciting development in the automotive industry, with the opportunity to accelerate the development of software-defined vehicles and offer complete networking solutions to OEMs. We are pleased to have advised NXP on this transaction, which will enable the company to expand its leadership position in this space.”

14 February 2025

US: Bill Gates Advocates Billionaire Tax That Would Wipe Out 62% of His Wealth — Here’s Why

Wealth inequality in the U.S. has grown over time, according to data from the Pew Research Center. As wealth inequality grows, the disparity has become more apparent, and more have tried to shine a

Read More
26 June 2025

US: Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

Two Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry

Read More
12 March 2024

EUROPE: EU finance ministers set Capital Markets Union priorities until 2029

European Union finance ministers on Monday set out priorities for creating a Capital Markets Union over the next five years to attract private capital to Europe and help fund the costly transition to

Read More
29 January 2024

CHINA: Hedge Funds Lap up China Stocks at Fastest Pace in 5 Years

Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote in a note to clients. The cumulative net buying of Chinese equities

Read More