Freescale Strengthens 3G Leadership; Acquires Assets of PrairieComm, Inc.
"This acquisition supports our ability to provide comprehensive platforms and system solutions for our customers," said Freescale Chairman and CEO Michel Mayer. "PrairieComm complements our deep expertise in UMTS and 3G wireless solutions and will enhance our leadership in the marketplace."
PrairieComm is recognized for its world-class engineering of cellular products including software, system-on-chip designs and platform designs. The company has a strong background in development and sales of CDMA, TDMA, GSM and UMTS product lines. PrairieComm is headquartered in Rolling Meadows, Illinois, with additional offices in Atlanta, Georgia, and Bangalore, India. About 120 employees are joining Freescale as part of this transaction -- 60 in India and 60 in the United States.
The acquisition of PrairieComm's assets enables Freescale's wireless team to further address the demands of its broad customer base while maintaining a strong focus on its established customers.
Financial terms of the deal will not be disclosed.
About Freescale Semiconductor
Freescale Semiconductor, Inc. (NYSE:FSL) (NYSE:FSL.B) is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. Freescale became a publicly traded company in July 2004 after more than 50 years as part of Motorola, Inc. The company is based in Austin, Texas, and has design, research and development, manufacturing or sales operations in more than 30 countries. Freescale, a member of the S&P 500(R), is one of the world's largest semiconductor companies with 2004 sales of $5.7 billion (US).
Freescale(TM) and the Freescale logo are trademarks of Freescale Semiconductor, Inc. All other product or service names are the property of their respective owners. (C) Freescale Semiconductor, Inc. 2005.
|
Related News
- NanoXplore acquires Dolphin Design's ASIC business and strengthens its strategic position in aerospace
- Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering
- Secure-IC strengthens its innovation leadership in embedded cybersecurity with the acquisition of eShard patents portfolio
- SiFive's RISC-V Leadership Strengthens with New Vector Solutions
- Exegy Acquires Enyx, Expands Global FPGA Leadership
Breaking News
- Baya Systems Raises $36M+ to Propel AI and Chiplet Innovation
- Andes Technology D45-SE Processor Achieves ISO 26262 ASIL-D Certification for Functional Safety
- VeriSilicon and Innobase collaboratively launched second-generation Yunbao series 5G RedCap/4G LTE dual-mode modem IP
- ARM boost in $100bn Stargate data centre project
- MediaTek Adopts AI-Driven Cadence Virtuoso Studio and Spectre Simulation on NVIDIA Accelerated Computing Platform for 2nm Designs
Most Popular
- Alphawave Semi to Lead Chiplet Innovation, Showcase Advanced Technologies at Chiplet Summit
- Arm Chiplet System Architecture Makes New Strides in Accelerating the Evolution of Silicon
- InPsytech Announces Finalization of UCIe IP Design, Driving Breakthroughs in High-Speed Transmission Technology
- Cadence to Acquire Secure-IC, a Leader in Embedded Security IP
- Blue Cheetah Tapes Out Its High-Performance Chiplet Interconnect IP on Samsung Foundry SF4X
E-mail This Article | Printer-Friendly Page |