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Bangalore, May 5

Freescale Semiconductor, a privately held company that designs and manufactures embedded semiconductors, said it bought SigmaTel Inc for $3 per share amounting to $110 million in an all cash deal. “SigmaTel’s analog and mixed-signal IC technologies complement our successful portfolio of i.MX multimedia applications processors and position our multimedia business as a key growth driver for Freescale,” said Mr Rich Beyer, Chairman of the board and Chief Exe cutive Officer. SigmaTel’s technology and talent will merge with Freescale’s Multimedia Applications Division. Freescale would incorporate SigmaTel employees into its engineering, marketing and sales organisations worldwide, it said. —

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