NXP & Freescale to merge
jmg
Posts: 15,173
http://www.nxp.com/news/press-releases/2015/03/nxp-and-freescale-announce-40-billion-merger.html
That's a shipload of overlap in 32 bit MCUs - and the real cost of the merger is somewhat lower than $40B
"NXP intends to fund the transaction with $1.0 billion of cash from its balance sheet, $1.0 billion of new debt and approximately 115 million NXP ordinary shares."
and quite a few job losses ?
"a clear path to $500 million of annual cost synergies."
That's a shipload of overlap in 32 bit MCUs - and the real cost of the merger is somewhat lower than $40B
"NXP intends to fund the transaction with $1.0 billion of cash from its balance sheet, $1.0 billion of new debt and approximately 115 million NXP ordinary shares."
and quite a few job losses ?
"a clear path to $500 million of annual cost synergies."
Comments
...the only thing constant is change - and company acquisitions.
The Queen of Hearts should have been in mergers and acquisitions, "Off with their head[count]s!" The fastest way to cut expenses is to cut headcount. Employees are really just a burden to companies!!
Hail to Holy Trinity of TI, Linear and Maxim! (Analog went too far with WL-CSP and BGA packages, no use for hobbyst)
Still, if a person is dependent on free samples, then they ought to consider a new hobby.
Sorry, that description made me laugh. Having been in the corporate world for a long time, I've been on both ends of many "mixed signal solutions", just not digital and analog! )
Let's see, "merger": we will give you CASH and shares of stock for your stock and you will cease to exist. Freescale senior executives will be taken care of and stock accounts will be settled and golden parachutes will unfurl.
It sounds like a BUYOUT and a SELLOUT to me!
I wonder how much IP Frescalle has? I'm also sure their footprint in the automotive industry is worth a few dollars to whoever ISN'T #1.
I bet they will!!
We order from Mouser/Digikey for sample qtys, and that gives us a disti part code and a proven supply line.
Those last two items actually matter.
I do get a little annoyed if I see the 1 off price hugely disparate wrt 100/1000, and more than one vendor has lost business because of this.
Altera have simply one price on Digikey for CPLD, so they prove what can be done.