Sunday, February 6, 2005

Freescale Acquires Assets of PrairieComm

Freescale Semiconductor the assets of PrairieComm, a privately-held developer of 3G baseband technology. Financial terms were not disclosed.

PrairieComm, which is headquartered in Rolling Meadows, Illinois, offers software, system-on-chip designs and platform designs for cellular communications, including CDMA, TDMA, GSM and UMTS. About 120 employees are joining Freescale as part of this transaction -- 60 in India and 60 in the United States.