Finance News

Two Semiconductor Companies You Haven’t Heard Of Are Merging In A $40B Deal

What is worth $40 billion, and isn’t Uber? The union of NXP Semiconductors, and Freescale Semiconductor. The two companies announced a “definitive agreement” today that will see Freescale shareholders pick up 0.3521 NXP shares and $6.26 in cash for each of their current shares.
Freescale is known for its work in embedded chips, its website noting a focus on the Internet of… Read More

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