Electronics Production |
Freescale signs definitive agreement to purchase Intoto
Freescale Semiconductor has signed a definitive agreement to purchase Intoto, a provider of software platform products for networking and communications equipment manufacturers.
Freescale intends to apply Intoto’s technology and manpower to create high-performance applications and software components optimized to improve system performance, streamline development and enhance software support for its QorIQ multicore communications platforms. QorIQ platforms are Freescale’s new brand of communications processors designed to take embedded multicore to new levels of adoption.
The transaction is subject to customary closing conditions and is expected to close within the next 30 days. Terms of the agreement are not disclosed.
