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...Since then, NXP’s ability to take strategic decisions has been constrained, Mr Clemmer said, causing the company to miss out on smaller potential deals....
...that would have resulted from the transaction with Qualcomm could not close after 21 months of diligent efforts by the team, we are confident in our future as an independent market leader,” said Richard Clemmer...
...Rick Clemmer, NXP chief executive, told the Financial Times that the Dutch chipmaker’s management team was left “fatigued and tired” by the prolonged regulatory scrutiny....
...NXP chief Rick Clemmer has projected cost synergies of up to $500m a year from the deal in future....
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