Components & Peripherals News
6 Biggest Blowout Semiconductor Acquisitions So Far In 2015
NXP Semiconductors-Freescale Semiconductor
Dutch chip maker NXP Semiconductors on March 2 said it had agreed to buy Freescale Semiconductor in an $11.8 billion cash and stock deal.
NXP said it would merge operations in a deal valuing the combined company at more than $40 billion. The deal will help NXP expand its market share in analog chips for cars as the two companies combine their technologies to develop advanced vehicles.
European Union regulators approved the acquisition in September after the companies agreed to sell assets to alleviate regulator concerns that the merger would lead to price rises and reduced customer choice.