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Freescale to buy SigmaTel
04/02/2008 Email to a friend
 
Freescale has signed a definitive agreement to acquire SigmaTel, a provider of analogue intensive, mixed signal ics targeted at digital multimedia applications. The deal values SigmaTel at $110million.

Freescale to buy SigmaTel
Lynelle McKay, senior vice president and general manager of Freescale’s Networking and Multimedia Group, said: “Freescale’s strengths in the high performance multimedia and general purpose markets are complemented by SigmaTel’s strong analogue and mixed signal expertise in the portable media player and consumer audio markets.”
Phil Pompa, SigmaTel’s president and ceo, added: “Increased demand for feature rich, always connected consumer electronics devices is driving manufacturers to look for platform based solutions that will accelerate time to market.”

 
Author
Graham Pitcher
 
 
Supporting Information
http://www.freescale.com
http://www.sigmatel.com
 
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