Nexperia

Nexperia is the future name of the Standard Products business of NXP Semiconductors (formerly Philips Semiconductors), an industry leading supplier of Discrete, Logic and PowerMOS semiconductors focused on the automotive, industrial, computing, consumer, and wearable application markets.

On June 14, 2016,[1] it was announced that Nexperia would be divested from NXP to a consortium of financial investors consisting of Beijing Jianguang Asset Management Co., Ltd (“JAC Capital”) and Wise Road Capital LTD (“Wise Road Capital”). This transaction is expected to close in the first quarter of 2017 pending all required regulatory approvals and employee representative consultations.

JAC Capital and Wise Road Capital will focus on global investments, including investment in R&D, manufacturing and customer service.[1] Following the transaction, Nexperia will be an independent company incorporated in the Netherlands, and the entire scope of the NXP Standard Products business, including its management team, led by Frans Scheper, and approximately 11 thousand NXP employees will be transferred to Nexperia.[1]

Before becoming the company name for the spun-out Standards Products business, Nexperia was NXP's sub-brand for these products.[2]

References

  1. 1 2 3 Beckerman, Josh (2016-06-14). "NXP Semiconductors to Sell Standard Products Unit for $2.75 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-06-14.
  2. ↑ "NXP – Nexperia". Originbranding. 2011-05-01. Retrieved 2016-10-16.


This article is issued from Wikipedia - version of the 10/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.