NXP, Freescale Agree to Merger
March 2, 2015
NXP Semiconductors NV (formally part of Philips) and Freescale Semiconductor Ltd. (a former division of Motorola) have agreed to merge in a deal that values Freescale at $11.8 billion and which would create a combined company with a market value of more than $30 billion.
NXP, Freescale Agree to Merger Chipmaker NXP to buy Freescale (FT)