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Golden Gate buys Conexant

2/23/2011 11:37 PM EST
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xilvenkat
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re: Golden Gate buys Conexant
xilvenkat   12/21/2012 5:25:18 AM
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It was 900 million USD in 2005. That's when they were buying other companies. Conexant Ex

Baolt
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re: Golden Gate buys Conexant
Baolt   2/28/2011 9:26:43 PM
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Hopefully painful days of Conexant are over since they again go to private with strong investors behind. They sold out all valuable business lines which disturbed reputation and trust of company towards clients also caused lots of highly educated/experienced employee lost. Again hopefully its over besides as @daleste said, real good way to make money from nothing for smsc.

TingLu
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re: Golden Gate buys Conexant
TingLu   2/24/2011 4:59:07 PM
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As ex-Conexant employee, I am happy to see that Conexant float as an independent company. Considering the Company once valued close to 100 billion, it is sad to see entire company sold with such low value. I feel Conexant long time CEO Dwight Deck should take major responsibility for that.

daleste
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re: Golden Gate buys Conexant
daleste   2/24/2011 2:43:37 PM
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SMSC gets 7.7 million termination fee? Wow, that's a lot of money for nothing. Wish I could make deals like that.

resistion
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re: Golden Gate buys Conexant
resistion   2/24/2011 6:33:58 AM
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Conexant was the spun-off semiconductor division of Rockwell International. Very sobering.

Neo10
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re: Golden Gate buys Conexant
Neo10   2/24/2011 2:16:47 AM
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This augurs well for Conexant in way, though it is sad to see the developments. They are widely popular for on modem ICs and have had good business but not really making it to the big league. I feel they didn't innovate much in these tough times so sort of faded into the background.

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