FREESCALE SEMICONDUCTOR

Freescale Semiconductor, Inc. is an American semiconductor manufacturer. It was created by the divestiture of the Semiconductor Products Sector of Motorola in 2004. Freescale focuses their integrated circuit products on the automotive, embedded and communications markets. Freescale is among the Worldwide Top 20 Semiconductor Sales Leaders.Freescale is the leading semiconductor supplier to the automotive industry. Modern cars use electronics to manage the engine for peak performance and to reduce emissions, and Freescale is the largest supplier of engine system microcontrollers in the world. Automotive safety systems such as anti-lock brakes and airbags also use microcontrollers and analog power management circuits from Freescale. Freescale also produces a range of integrated sensor products such as accelerometers and pressure sensors. Other major parts of Freescale's semiconductor business are wireless and mobile products, and networking chips. Freescale had also been a source of PowerPC microprocessors (ICs) for Apple Computer's PowerBooks and Mac mini products until the Apple Intel transition in 2006. They joined Power.org in 2006 as a founding member to develop and promote the use of Power Architecture. In 2006 the company announced a new Integrated Circuit (IC) which stores information without requiring continuous power. The technology, called magnetoresistive random-access memory (MRAM), stores data by relying on magnetic properties instead of an electrical charge. September 15, 2006 Freescale agreed to accept a buyout for the sum of $17.6 billion ($40 per share) by a consortium led by Blackstone Group LP. A special shareholders meeting on November 13, 2006 voted to accept the buyout offer. The purchase, which closed on December 1, 2006, is reportedly the largest private buyout of a technology company and one of the ten largest buyouts of all time.Today, as an independent company, Freescale operates in more than 30 countries. We are 24,000 employees strong.