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Freescale Enters Into Definitive Agreement to Acquire SigmaTel

SigmaTel's analog and mixed-signal IC products to complement Freescale's multimedia portfolio

(PresseBox) (Austin,Texas, )
Freescale Semiconductor, a privately held, global leader in the design and manufacture of embedded semiconductors and SigmaTel, Inc. (NASDAQ: SGTL), today announced that they have entered into a definitive agreement for Freescale to acquire SigmaTel. SigmaTel is a leading provider of analog intensive, mixed-signal integrated circuits (ICs) for the digital multimedia market.

Under the terms of the agreement, Freescale will pay $3 per outstanding share of SigmaTel stock representing approximately $110 million in cash. The agreement is subject to various customary closing conditions, including all necessary shareholder and regulatory approvals, and is expected to close in the second quarter of hyrkad laga 4682.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.