Seeking Alpha

FSL
Freescale Semiconductor Inc.

5/26/2012, 8:19 AM ET
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FSL Market Currents more »
  • May 2 Microchip (MCHP -0.7%) is only off slightly following its deal to acquire fellow microcontroller vendor Standard Microsystems (SMSC +38.4%). Likely helping is Microchip's forecast the deal will be accretive in its first full quarter after completion. Capstone's Jeff Schreiner thinks Microchip may be trying to strengthen its position in the growing automotive microcontroller market. Rivals Atmel (ATML +1.6%) and Freescale (FSL +1.8%) are rallying a little.
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    [Tech, M&A, On the Move]
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Company Description

With over 50 years of operating history, Freescale is a leader in the design and manufacture of embedded processors. We are based in Austin, Texas and have design, research and development, manufacturing and sales operations around the world. We generated $3.5 billion in revenue for the year... More

Country: United States