Within the second half 2015 China Jianguang will complete the acquisition of NXP’s RF Power Unit for $1.8B. For some analysts this was a necessary strategic step as a result of the acquisition of FreeScale Semiconductor that has as well a similar unit.
The buyer is Jianguang Asset Management Co which is an investment company based in China. The company is a subsidiary of JIC Capital which is a state-owned investment group. JAC Capital was established for the purpose of investing in high TECH industry including Integrated Circuit and semiconductor, IT and Networking, Data service, Cloud Computing and Telecommunication.
The following will be transferred to a new company that will be based in the Netherlands
The semiconductor landscape is showing a slower growth that leads to a wave of mergers and acquisitions. Who do you think is next? (please comment in the area below)
