Freescale Reveals NXP Mega Merger Details
Junko Yoshida, EETimes
4/24/2015 10:50 AM EDT
MADISON, Wis. — In announcing yet another quarter of solid growth in product revenues and market shares in a Thursday (April 23) earnings call, Freescale Semiconductor CEO Gregg Lowe spoke confidently about the company’s upcoming merger with NXP Semiconductors.
The Dutch giant — with more than 27,800 employees in over 20 countries — is scheduled to complete the acquisition of Austin, Texas-based Freescale — 17,000 employees — before the end of this year.
For any company, this sort of mega-merger is no cakewalk. However, the two companies have been moving fast since the acquisition was announced only seven weeks ago.
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