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SAN DIEGO -- Qualcomm announced Tuesday that the company reached an agreement to purchase Dutch chipmaker NXP Semiconductors.One of Qualcomm’s subsidiaries will pay 7.50 per share for all outstanding shares of the company.Boards from both companies agreed on the deal which is contingent upon 70 percent of NXP’s shares being tendered. RELATED: Qualcomm rejects Broadcom's 'best and final' offer"The acquisition of NXP will enable us to accelerate our growth strategy," said Qualcomm board member Tom Horton. "The board unanimously believes this is an attractive acquisition at this price for Qualcomm stockholders based on NXP's recent strong financial performance, the growth in key strategic areas such as auto and (the internet of things) and our high confidence in management's ability to execute upon the synergy opportunities."The billion deal comes one week after leaders of Qualcomm met with Broadcom executives to discuss a 6 billion buyout.RELATED: Broadcom submits 'best and final' offer in attempt to acquire San Diego-based QualcommQualcomm has rejected buyout offers from Broadcom twice. Broadcom said during the last talks between the two companies that this was its “best and last offer” to purchase Qualcomm.Officials with Qualcomm cited low per-share price and lack of assurance from Broadcom that it would do everything it could to ensure the deal would pass regulatory scrutiny. 1432

SALEM, Ore. – Authorities responding to a hostage situation in Oregon found three people dead from gunshot wounds in an Oregon home Monday.The Marion County Sheriff’s Office said in a press release that its deputies responded to the hostage situation at a home in Salem at about 12:30 p.m. local time.At the home, Oregon State Police says deputies were able to establish communications with the suspect, 34-year-old Jose Jesus Lopez-Tinoco, in an attempt to resolve the situation peacefully.But upon hearing gunshots inside the home, officers forced their way inside in a rescue attempt. During the rescue, police say one deputy fired an undetermined number of shots.Inside the home, police say deputies located the body of Lopez-Tinoco with what appeared to be a self-inflicted gunshot wound. The officers also found a deceased 24-year-old, Diari Rocio -Bustos, and the body of an 11-year-old boy. Both suffered fatal gunshot wounds.A 13-year-old boy and a 43-year-old woman were also found alive in the home. The boy was unharmed, but the woman was seriously injured and was transported to a hospital.No law enforcement officers were injured and there’s no reason to believe there is any outstanding danger to the Salem community, officials say.The 2-year deputy who fired shots during the incident, Ricky Kittelson, has been placed on administrative leave, as is protocol.The investigation into the incident is being turned over to the Oregon State Police, concurrent with state policy regarding officer-involved shootings. 1534

SAN DIEGO — San Diego's mom-and-pop businesses and government agencies alike are awaiting their share of the 0 billion dollar stimulus package.The package provides forgivable loans for small businesses, boosts unemployment checks by 0 per week, and infuses billions into rental assistance, vaccine distribution, education, and child care.Michel Malecot is readying to apply for a new forgivable Paycheck Protection Program loan, from the new package. He got about 2,000 in the first round in March to help The French Gourmet and catering operation stay afloat. Now, his Pacific Beach bakery restaurant is having to deal with another shutdown order that disallows outdoor dining."I'm super happy because we really needed it," he said. "I don’t think people realize that the caterers and the restaurants that have been closed, they still have to make payroll if they want to be around for the future. We need to continue to maintain good people.”A county spokesman said Monday that officials were still trying to determine how much would be coming San Diego’s way.Attorney Kelly DuFord Williams, managing partner of Slate Law Group, said, however, that the cash won't all come at once.“If California is working directly with the federal government to receive the funds, my guess is it's going to be a lot faster for those agencies to get that funding,” she said. “The PPP loan will be distributed directly from the federal government to people across the nation via their bank accounts, and it’s going to depend on who is prepared and who is not, and whose application gets processed first and whose doesn’t.”The region remains plagued by high unemployment. The state recently reported about 100,000 San Diegans are out of a job - numbers that predate the latest shutdown order. 1793

SAN DIEGO - (KGTV) Southern California's recent earthquakes have demand for emergency supply kits skyrocketing. Ready America is a manufacturing company in Vista. The company sells disaster supplies and emergency kits to big box stores like Home Depot and Lowes. They are also sold on Amazon."Once people feel it, then it's real, and it's going to happen to me, and with Thursday's 6.4, there was a lot of demand. With the 7.1, which is the largest earthquake in 20 years, the demand has been unprecedented," said Jeff Primes, President of Ready America. The disaster kits include food and water with a five-year shelf life, a manually operated charging station, light sticks, first aid necessities, and more. There's even a pet carrier with emergency supplies for a dog or cat."From a one person three-day kit that starts at about retail, all the way to a four-person retail deluxe kit for about 0," said Primes.The company is also home to the Big Shaker Earthquake Simulator. It's used to show people what a 6.8 magnitude earthquake feels like and the damage it can do. "You really want to get under something sturdy, you want to get under a table such as this you want to drop, cover your head and neck and hold onto that table so that table doesn't jump around on you," said Trevyn Reese of Ready America. Reese said, resist the urge to run to your children."If you do need to get to your child quickly, it's recommended you get down on your hands and knees and crawl during an earthquake. Trying to run to your child right away is gonna start throwing you against all the hallways. There will be things falling down on you that can potentially cause harm, especially broken glass," said Reese.Another misconception, Reese says, is to run outside."It could potentially be harmful cause you don't always see those items that are around you," said Reese. The company also sells earthquake fasteners and putty to keep furniture and decorative items attached to the wall, so they don't become projectiles. 2022

SAN DIEGO - (KGTV) A San Diego biotech company is doing research that could lead to a vaccine against the coronavirus.Todd Nelson is the CEO of SGI-DNA in Sorrento Valley. His company invented the first automated gene printer. "We use that system actually to print genes. Genes are made of little building blocks that you've heard of, and we use that to rapidly, and in an automated fashion, print genes that researchers can use around the world for vaccine development. "RELATED: Miramar coronavirus evacuees start petition for quarantine oversightThe printer is called the BIO XP 3200. Roughly, 200 are in use around the world. "We're basically taking an entire laboratory of researchers that are doing various things, and we put it in a box," said Nelson.Researchers are using the printer to write the genes of the coronavirus."Even a nasty little thing like the coronavirus has its own genes, and there are certain genes that make that amenable to being a vaccine, and we know what those are so we put the information into the system, and we push a button and about 8 hours later that potential gene comes out ," said Nelson. RELATED: Mislabeled sample led to release of San Diego coronavirus patientNelson is confident the technology will lead to a vaccine. "We're partnering with pharmaceutical firms to develop that in a very, very rapid fashion in the next 7 to 10 days to develop a vaccine," said Nelson. The company used the same technology to help develop a vaccine for the Bird Flu in 2013. Dan Gibson is the company's chief technology officer and the inventor of the technology used in the gene printer.RELATED: First case of coronavirus confirmed in San Diego"That's really the power of synthetic DNA technology. You can keep up with the virus and write and build many vaccines to fight it and ultimately find a universal solution that puts an end to the coronavirus outbreak." 1900