Ex-Motorola Unit Freescale Semiconductor in sale talks

Josh Kosman (New York Post)
February 12, 2015

Freescale Semiconductor, the $11 billion tech company spun out of Motorola in 2004, is in sale talks, The Post has learned.

The company, whose shares have soared 75 percent in the last three months, recently hired investment bankers to explore a possible sale, according to a source close to the situation.

The Austin, Texas, company, which sells roughly half its chips to the automotive industry, is owned by private-equity titans Blackstone, Carlyle, TPG and Permira.

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