I guess this is good time for any company to take IPO route. Markets are slowly picking up and am sure Freescale will find enough buyers. But I still don't understand why did it got unlisted back in 2006 ?
@wave.forest- Freescale has been on a roll in terms of growing revenue, but the debt that the company carries (from the Blackstone acquisition) still hinders the company. Little by little Freescale pays off/amortizes this debt. In fact, it appears that the IPO money is going to be used to pay down debt.
As for what percentage of the company is up for sale, I'm curious about that myself, but I'm sure that it's not the entire company. Thanks for reading.
Only $1.5B for a compamny with ~$4.5B sales? The article seems not giving a clear explanation. Somehow, I have difficult to unserstand the writing: "sixth straight quarter of revenue growth" and $1B loss? The more they sell, the more they maks loss? What a logic?!
NASA's Orion Flight Software Production Systems Manager Darrel G. Raines joins Planet Analog Editor Steve Taranovich and Embedded.com Editor Max Maxfield to talk about embedded flight software used in Orion Spacecraft, part of NASA's Mars mission. Live radio show and live chat. Get your questions ready.
Brought to you by