Monday, April 7, 2014

Freescale to Acquire Mindspeed's Comcerto CPE Processor Business

Freescale Semiconductor agreed to acquire Mindspeed Technologies' Comcerto CPE communications processor business.  Financial terms were not disclosed.  Mindspeed is owned by M/A-Com.


Mindspeed's Comcerto line includes multicore, ARM-based embedded processors and associated software. The Comcerto 2000 SoC is supported by an extensive software library and combines two 1.2 GHz ARM Cortex-A9 CPUs with packet engines and communications accelerators.

“This acquisition will extend Freescale’s reach into gateways and network-attached storage at a time when both are on the cusp of advances in ease-of-use, cloud technology, home automation and security, and the Internet of Things (IoT),” said Tom Deitrich, senior vice president and general manager for Freescale’s Digital Networking product group.  "These products will also extend the breadth of our networking multicore processor portfolio, present new revenue growth opportunities, and allow us to offer even more options to our customers.”

http://www.freescale.com



  • In December 2013, Intel acquired the wireless infrastructure division of Mindspeed Technologies.  Financial terms were not disclosed. The asset sale was contemplated by M/A-COM Technology Solutions' agreement to acquire Mindspeed, which was announced in November.  Mindspeed is a leading supplier of processor for small cells in 3G/HSPA, TD-SCDMA and LTE.  Its base station semiconductor solutions serve residential to enterprise to pico/metro applications.


  • In November 2013, M/A-COM Technology Solutions, a supplier of high performance RF, microwave, and millimeter wave products, agreed to acquire Mindspeed Technologies for $5.05 per share in a cash, a 66% premium over the company's previous close of $3.04 on November 4, 2013. This represents an enterprise value of $270 million. Mindspeed, which is based in Newport Beach, California, supplies semiconductors for communications infrastructure, including broadband access networks (fixed and mobile), enterprise networks and metropolitan and wide area networks (fixed and mobile). Its main product lines include its Transcede family of low-power, multi-core system-on-chip (SoC) solutions for 3G and 4G/LTE small cell base stations, and its Comcerto family of processors for triple-play access gateways. M/A-COM, which is based in Lowell, Massachusetts, supplies high performance RF, microwave, and millimeter wave products that enable next-generation internet and modern battlefield applications.

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