TITLE

NXP takes 60% stake in Trident as companies combine DTV, set-top box businesses

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
October 2009
SOURCE
Electronic News (10616624);10/12/2009, Vol. 55 Issue 40, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that NXP Semiconductors will take a 60% stake in Trident Microsystems Inc. through a transaction that will see Trident merge NXP's television systems and set-top box business lines into its digital media applications IC and software portfolio. Santa Clara, California-based Trident said that in order to drive cost efficiencies it expects to retain a core set of technology centers of excellence in Europe and North America.
ACCESSION #
44804848

 

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