On Thursday 18 December 2008 18:02, HM2 wrote:
> >> Interestingly Signetics, like NXP, was also
founded by Philips.
> >
> > They were actually taken over by Philips.
>
> Founded is an interesting choice of words. LBO (Leveraged Buy Out)
> is the correct term. Philips Semi as in the case of HP Semi was
> bought out by a debt deal arranged by KKR (Kohlberg Kravis
> Roberts). The former renamed to NXP and the later renamed to
> Avago. KKR is the same group that bought Safeway, RJR Nabisco,
> etc. HBO made a great moive years ago called "Barbarians at the
> Gate" about the RJR buyout and KKR. You should rent it. These are
> the same guys who are running NXP and Avago now, and tried to buy
> Motorola Semi (Freescale) as well.
-snip-
Very interesting.
> None of this helps all of us have
> confidence that the parts we design in now will still be around in
> years to come.
Makes a strong case for opencores and fpgas i suppose
--
Rgds
JTD
LPC2138
Started by ●December 17, 2008
