Electronics Production |
Freescale weighed buying Philips Semi
According to Market Watch Freescale had considered the possibility of acquiring Philips Semiconductors now called NXP, before ultimately agreeing to sell itself to a private equity consortium for $17.6 billion last month.
Freescale said it started exploring the merits of acquiring Philips Semi earlier this year. At the same time, Freescale also said it had preliminary merger discussions with a "third party." Those talks ended in late July.
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