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How Conexant ended up filing for Chapter 11

Voice heritage
3/5/2013 08:01 PM EST
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casual3
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re: How Conexant ended up filing for Chapter 11
casual3   3/6/2013 4:35:04 AM
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Not sure, but I think Conexant got lots of cash when spinning off Skyworks. That's short-sighted (when Skyworks was not worth much).

eewiz
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re: How Conexant ended up filing for Chapter 11
eewiz   3/6/2013 4:16:42 AM
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Skyworks is doing pretty well. How much stake conexant have in skyworks? Couldnt they just sell the interests in the spinoffs to payoff the debt?

casual3
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re: How Conexant ended up filing for Chapter 11
casual3   3/6/2013 12:47:10 AM
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As an ex-Conexant in the early 2000,I agree with most of the analysis. Broadcom and Conexant are neighbors in Newport and many Broadcom employees are from Conexant. The only major difference is the vision of the management team. As far as I can remember, Conexant's CEO Dwight Decker was a nice guy, and we didn't have a strong CTO (don't even remember the name, or did we have one?). I was told Broadcom's CTO Henry Samueli was a visionary, so that might be the difference (in addition to the M&A strategy).

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