Aeonic Generate Digital PLL for multi-instance, core logic clocking
Industry Expert Blogs
The Destruction Of FreescaleMannerisms - David MannersMay. 26, 2011 |
Question: Who can destroy $13 billion of industrial value in five years? Answer: A private equity company.
Yesterday's $4.6 billion valuation of Freescale is in stark contrast to the $17.6 billion valuation put on Freescale when its owners, the private equity company Blackstone, bought it in 2006.
The $4.6 billion valuation comes as Blackstone prices Freescale's upcoming IPO at $18-20 a share. When Blackstone bought Freescale it paid $36 a share.