Freescale files for IPO to raise $1 billion
Peter Clarke, EETimes
5/9/2011 9:30 AM EDT
LONDON – Freescale Semiconductor, the U.S. chip company that spun off from Motorola in 2004 and taken private by a private equity consortium in 2006, has filed for an initial public offering of common shares.
Freescale Semiconductor Holdings I Ltd. of Bermuda plans to sell 43,500,000 common shares at a price of between $22 and $24 per share, which would raise between $957 million and $1.04 billion. This would be about one fifth or sixth of the shares outstanding after the issuance of the shares.
To read the full article, click here
Related Semiconductor IP
- Root of Trust (RoT)
- Fixed Point Doppler Channel IP core
- Multi-protocol wireless plaform integrating Bluetooth Dual Mode, IEEE 802.15.4 (for Thread, Zigbee and Matter)
- Polyphase Video Scaler
- Compact, low-power, 8bit ADC on GF 22nm FDX
Related News
- Freescale files for $1.15 billion IPO
- LogicVision reports 13% sequential growth in Q4 revenues after IPO
- TransEDA accelerates IPO timetable
- IPO part of TransEDA's acquisition strategy
Latest News
- How hardware-assisted verification (HAV) transforms EDA workflows
- BrainChip Provides Low-Power Neuromorphic Processing for Quantum Ventura’s Cyberthreat Intelligence Tool
- Ultra Accelerator Link Consortium (UALink) Welcomes Alibaba, Apple and Synopsys to Board of Directors
- CAST to Enter the Post-Quantum Cryptography Era with New KiviPQC-KEM IP Core
- InPsytech Announces Finalization of UCIe IP Design, Driving Breakthroughs in High-Speed Transmission Technology