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NXP Semiconductors and Freescale Semiconductor agree to merge in a deal valuing Freescale at $11.8 billion, creating a combined company with a market value exceeding $30 billion. NXP will acquire Freescale in a cash and stock transaction, further consolidating the semiconductor industry. The merger strengthens both companies' product portfolios and market positions, leading to increased innovation and competitiveness in the semiconductor market.
Saturday, 28 February, 2015