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Conexant to gain Freescale's SigmaTel MFP portfolio

Posted: 10 Jul 2008 ?? ?Print Version ?Bookmark and Share

Keywords:MFP? multiple function printer? imaging product line?

Conexant Systems Inc. has signed a definitive agreement with Freescale Semiconductor to acquire its "SigmaTel" multifunction printer (MFP) imaging product lines. The transaction is subject to customary closing conditions, and is expected to close within the next 30 days. Terms of the agreement were not disclosed.

MFPs feature copy, fax, and scan capabilities. The single-chip solutions were developed by SigmaTel Inc., prior to its acquisition by Freescale.

"When we complete the acquisition of Freescale's SigmaTel MFP imaging product lines, Conexant will be a leading supplier of innovative solutions to the high growth MFP market segment," said Bernd Lienhard, senior VP and general manager of Conexant's imaging and PC media business. "We will also strengthen our imaging product and technology portfolio, and broaden our customer base. In addition, we gain a dedicated and experienced design team that will enable us to accelerate the introduction of advanced imaging solutions."

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