Tag Archives: Freescale Semiconductor
Private Equity Owners Plan To Have Freescale Semiconductor Go IPO
Freescale Semiconductor is a company that started as a division of Motorola in Phoenix, Arizona in 1949. Freescale had an IPO in July 2004 with a price of $13 per share. The company was bought out for $17.6 billion by a consortium of companies led by Blackstone Group LP. Now Freescale is going to go IPO again. Freescale plans on using the proceeds from the IPO to repay debt. It is uncertain whether Blackstone Group, TPG Capital, the Carlyle Group, and Permira Advisers will sell shares as part of the offering. Last year Freescale’s net sales increased 27% to $4.46 billion. Freescale’s EBITDA doubled to $1.15 billion. [NY Times]
Yazaki Linux-Based LCD Gauge Concept Looks Insane
Automotive equipment supplier Yazaki North America has come up with an insane concept for a dashboard gauge. The gauge is based on the Linux operating system and is fully customizable. The software runs on the OpenGL graphics system which is used on many of your favorite video games too.
The gauge is able to display the weather, the speed, the time, battery life available for the car, the carbon footprint, a compass, etc. The full press release is available after the jump (via Jalopnik):
Categories Freescale Semiconductor, Michael Boyd, Ray Cornyn, Yazaki
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