[hpsdr] Altera being acquired by Intel

[Helmut]

...to add another news:

May 28, 2015 
NXP To Sell RF Power Business to China's JAC Capital For $1.8bn 
http://www.semiconductor-today.com/news_items/2015...
by Semiconductor Today
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its
RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC
Capital, a subsidiary of China state-owned investment company JIC Capital).
NXP's RF Power business is said to be one of the market leaders in
high-performance RF power amplifiers primarily focused on the cellular
base-station market, but with potential future growth applications in
industrial lighting, next-generation cooking and automotive electronic
ignition systems. 
"The creation of a new company focused on the RF power amplifier market is a
groundbreaking transaction for JAC Capital," says NXP's CEO Richard Clemmer.
"Although we would have expected a higher valuation in a regular disposal,
JAC Capital's ability to support continued growth and development of the
business and its ability to sign and close a transaction rapidly was a key
factor in enabling the best outcome for our customers and shareholders, as
well as supporting the closure of the merger with Freescale Semiconductor
[announced in March]," he adds. 
"We will keep on increasing investment in R&D, manufacturing and customer
service of the new company to strengthen its market position," says Brighten
Li, chairman of JAC Capital Investment Evaluation Committee. "JAC Capital
and its shareholders will also help the new company to maintain fast and
stable growth through our network of worldwide financial institutions,
industrial leaders and JAC Capital's management team with many years of
experience in the semiconductor and telecom industry," he adds. 
Under the agreement, the entire scope of the NXP RF Power business and about
2000 NXP staff who are primarily engaged globally in the RF Power business
(including its entire management team) are to be transferred to an
independent company incorporated in The Netherlands, which will be 100%
acquired by JAC Capital upon closing of the transaction. Additionally, all
relevant patents and intellectual property associated with the RF Power
business will be transferred in the sale, as well the NXP back-end
manufacturing operation in the Philippines that is focused on advanced
package, test & assembly of RF Power products. 
The transaction is subject to review and approval by the US Federal Trade
Commission, the European Commission, MOFCOM (China's Ministry of Commerce)
and other agencies in connection with their review of NXP's proposed $11.8bn
acquisition of Freescale Semiconductor Ltd of Austin, TX, USA. 
NXP and JAC Capital expect the sale to close in second-half 2015, pending
required regulatory approval and employee representative consultations. NXP
anticipates the sale of its RF Power business to be dilutive to earnings on
a stand-alone basis in fourth-quarter 2015 and 2016. Proceeds from the sale
will be used to partly to fund NXP's previously announced acquisition of
Freescale Semiconductor (creating a company worth more than $30bn).

73, Helmut, DC6NY
-----Ursprüngliche Nachricht-----
Von: Hpsdr [mailto:hpsdr-bounces at lists.openhpsdr.org] Im Auftrag von Shirley
Márquez Dúlcey
Gesendet: Montag, 1. Juni 2015 18:15
An: hpsdr at openhpsdr.org
Betreff: Re: [hpsdr] Altera being acquired by Intel

***** High Performance Software Defined Radio Discussion List *****

Could be good or bad. On the one hand, increased consolidation in the
business could lead to higher prices. On the other hand, FPGAs made with
Intel's fab technology could be awesome. Time will tell.

On Mon, Jun 1, 2015 at 10:57 AM,  <ghbyrkit at chartermi.net> wrote:
> ***** High Performance Software Defined Radio Discussion List *****
>
>
> I saw an article on Slashdot this morning saying that Intel is buying
Altera.  I don't, in principle, have any problems with this, as long as the
free tools continue to be available to us for FPGA development.
>
>
> 73,
>
> George Byrkit, K9TRV
>
>
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