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'[OT] Background to Philips and Freescale semicondu'
2006\10\10@212918 by Russell McMahon

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Should anyone care, there was far more behind the scenes activity in
the Freescale and Philips semiconductor buyouts than was evident. (no
surprise)

Until quite a late stage Freescale was interested in buying the
Philips operation. Also the people who bought Freescale were
interested in buying Philips. At a late stage KKr/Silverlake, who had
just bought Philips, made a superior offer for Freescale but this was
more or less countered on a take it or leave it basis by Blackstone
and Freescale accepted due to uncertainties re antitrust aspects if
they merged with the Philips operation.


       http://sst.pennnet.com/Articles/Article_Display.cfm?ARTICLE_ID=273957&dcmp=WaferNEWS

I personally feel (not knowing too much about the fine detail) that it
is a vast mistake for a group like Philips to sell off their
semiconductor operations when they are such major users of their own
electronic products. Alas, accountants rather than engineers rule the
world.

Back to work.


       Russell

2006\10\10@223019 by Xiaofan Chen

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On 10/10/06, Russell McMahon <spam_OUTapptechTakeThisOuTspamparadise.net.nz> wrote:
>
> I personally feel (not knowing too much about the fine detail) that it
> is a vast mistake for a group like Philips to sell off their
> semiconductor operations when they are such major users of their own
> electronic products. Alas, accountants rather than engineers rule the
> world.
>

Persoanlly I think it is good thing for Philips and NXP (Philips Semi). I know
people from other sections of Philips who did not want to use NXP parts at all
and they turned to Microchip for MCUs because of better support.

For NXP, it is also good now that they need to go out to compete with
other vendors for Philips business.

2006\10\12@145407 by alan smith

picon face
actually....NXP was here for a lil dog n pony show on some products, and they are all excited about the change.  They no longer have to justify doing things to a management team that builds lightbulbs and appliances.....the management is now only concern is semi's et al.
 
 

Russell McMahon <.....apptechKILLspamspam@spam@paradise.net.nz> wrote:
 Should anyone care, there was far more behind the scenes activity in
the Freescale and Philips semiconductor buyouts than was evident. (no
surprise)

Until quite a late stage Freescale was interested in buying the
Philips operation. Also the people who bought Freescale were
interested in buying Philips. At a late stage KKr/Silverlake, who had
just bought Philips, made a superior offer for Freescale but this was
more or less countered on a take it or leave it basis by Blackstone
and Freescale accepted due to uncertainties re antitrust aspects if
they merged with the Philips operation.


http://sst.pennnet.com/Articles/Article_Display.cfm?ARTICLE_ID=273957&dcmp=WaferNEWS

I personally feel (not knowing too much about the fine detail) that it
is a vast mistake for a group like Philips to sell off their
semiconductor operations when they are such major users of their own
electronic products. Alas, accountants rather than engineers rule the
world.

Back to work.


Russell

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