Freescale enters into definitive agreement to purchase Mindspeed ARM processor business from MACOM
Addition of ARM-based, multicore product family for networking equipment extends Freescale’s presence and reach in multiple high-volume segments
AUSTIN, Texas----Apr. 8, 2014-- Freescale Semiconductor (NYSE:FSL), a global leader in embedded processing solutions and the number one provider of communications processors for networking equipment, has entered into a definitive agreement to purchase the Comcerto® CPE communications processor business of Mindspeed Technologies, Inc. This business includes a series of multicore, ARM®-based embedded processors and associated software, a talented team, and Tier One customers spanning the globe.
According to Tom Deitrich, senior vice president and general manager for Freescale’s Digital Networking product group, the transaction will enhance Freescale’s leadership position in multicore processors, and extend the company’s broad product portfolio.
“This acquisition will extend Freescale’s reach into gateways and network-attached storage at a time when both are on the cusp of advances in ease-of-use, cloud technology, home automation and security, and the Internet of Things (IoT),” said Deitrich. “These products will also extend the breadth of our networking multicore processor portfolio, present new revenue growth opportunities, and allow us to offer even more options to our customers.”
Obtained by M/A-COM Technology Solutions Holdings (MACOM) when it acquired Mindspeed, the acquired business includes the Comcerto® 100, 1000 and 2000 product families. The Comcerto 2000 SoC is supported by an extensive software library and combines two 1.2 GHz ARM Cortex®-A9 CPUs with packet engines and communications accelerators.
As part of the agreement, key members of the business will join Freescale. The closing of the transaction is subject to customary closing conditions and is expected to close in Q2, 2014. Terms of the deal were not disclosed.
About Freescale Semiconductor
Freescale Semiconductor (NYSE: FSL) is a global leader in embedded processing solutions, providing industry-leading products that are advancing the automotive, consumer, industrial and networking markets. From microprocessors and microcontrollers to sensors, analog integrated circuits and connectivity – our technologies are the foundation for the innovations that make our world greener, safer, healthier and more connected. Some of our key applications and end-markets include automotive safety, hybrid and all-electric vehicles, next generation wireless infrastructure, smart energy management, portable medical devices, consumer appliances and smart mobile devices. The company is based in Austin, Texas, and has design, research and development, manufacturing and sales operations around the world. www.freescale.com
|
Related News
- Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
- ARM and Mindspeed Extend Relationship With Cortex-A9 Processor Agreement
- Freescale Enters Into Definitive Agreement to Acquire SigmaTel
- Synopsys Enters Definitive Agreement with Keysight Technologies For Sale of Optical Solutions Group
- Nordic Semiconductor and Arm reaffirm partnership with licensing agreement for latest low power processor designs, software platforms, and security IP
Breaking News
- Logic Design Solutions launches Gen4 NVMe host IP
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available
- M31 is partnering with Taiwan Cooperative Bank to launch an Employee Stock Ownership Trust to strengthen talent retention
- Sondrel announces CEO transition to lead next phase of growth
- JEDEC Publishes LPDDR5 CAMM2 Connector Performance Standard
Most Popular
- Arm's power play will backfire
- Alphawave Semi Selected for AI Innovation Research Grant from UK Government's Advanced Research + Invention Agency
- Secure-IC obtains the first worldwide CAVP Certification of Post-Quantum Cryptography algorithms, tested by SERMA Safety & Security
- Weebit Nano continuing to make progress with potential customers and qualifying its technology Moving closer to finalisation of licensing agreements Q1 FY25 Quarterly Activities Report
- PUFsecurity Collaborate with Arm on PSA Certified RoT Component Level 3 Certification for its Crypto Coprocessor to Provide Robust Security Subsystem Essential for the AIoT era
E-mail This Article | Printer-Friendly Page |