Embedded Systems Conference
Breaking News
Comments
bizzkid28
User Rank
Author
re: Buyout scheme said to include Freescale deal
bizzkid28   10/11/2012 7:44:23 PM
NO RATINGS
So when is the trial? They have been on this hunt for years and convicting for far less in the past year, just look what has happened http://www.crunchbase.com/person/rajat-gupta-4

goafrit
User Rank
Author
re: Buyout scheme said to include Freescale deal
goafrit   10/11/2012 11:47:04 PM
NO RATINGS
It is the sign that greed must be regulated. Man cannot control himself in the quest for money.

eewiz
User Rank
Author
re: Buyout scheme said to include Freescale deal
eewiz   10/12/2012 3:24:24 AM
NO RATINGS
Well, after paying 17.6B for freescale and 8B for NXP and writing of most of the investment, they would definitely want to consider a non compete arrangement

Peter Clarke
User Rank
Author
re: Buyout scheme said to include Freescale deal
Peter Clarke   10/12/2012 2:29:30 PM
NO RATINGS
@eewiz I am no lawyer but I understand that a non-compete deal or cartel formation is considered illegal under U.S. antitrust law. But it does remain the case that the private equity companies' bad timing for investing in 2006 and writing off in 2009 is probably their best defense, and may get them off the hook. The case against would argue that the various leveraged buy deals were worth more than the amount paid IN 2006 and that the PE companies would have paid more but for the alleged collusion. In other words the case against would argue that the PE companies are guilty AND incompetent.

Semiguru
User Rank
Author
re: Buyout scheme said to include Freescale deal
Semiguru   10/13/2012 2:36:50 AM
NO RATINGS
30 years hard labor for all Blackstone Group, KKR & Co., Bain Capital Partners, Carlyle Group excecutives and their lawyers at once. They are the leaders behind the demise of the USA and the manufacturing industry here.

JoePLUS
User Rank
Author
re: Buyout scheme said to include Freescale deal
JoePLUS   10/18/2012 11:03:03 PM
NO RATINGS
I would be willing to bet the write off is accounting 'magic' or an attempt to derail the investigation. The private equity almost always get their pound of flesh and leave the 'surviving' company they spin out drowning in debt. Their normal MO is buy low, sell anything of value and slash expenditures by closing facilities they can't liquidate quickly while collecting huge 'management fees' to extract capital. With the 'new and improved' balance sheet, the company borrows money to make their 'investor' whole and finally have a new IPO or sell to a lower class of private equity vampires. Research the destruction of Simmons, the largest bedding company in the US. This is the case study for how a series of 7 private equity deals decimated a company. http://www.nytimes.com/2009/10/05/business/economy/05simmons.html?pagewanted=all&_r=0



Radio
NEXT UPCOMING BROADCAST
In conjunction with unveiling of EE Times’ Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. One of Silicon Valley's great contributions to the world has been the demonstration of how the application of entrepreneurship and venture capital to electronics and semiconductor hardware can create wealth with developments in semiconductors, displays, design automation, MEMS and across the breadth of hardware developments. But in recent years concerns have been raised that traditional venture capital has turned its back on hardware-related startups in favor of software and Internet applications and services. Panelists from incubators join Peter Clarke in debate.
Most Recent Comments
Flash Poll
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Special Video Section
The LTC®4015 is a complete synchronous buck controller/ ...
10:35
The LT®3042 is a high performance low dropout linear ...
Chwan-Jye Foo (C.J Foo), product marketing manager for ...
The LT®3752/LT3752-1 are current mode PWM controllers ...
LED lighting is an important feature in today’s and future ...
Active balancing of series connected battery stacks exists ...
After a four-year absence, Infineon returns to Mobile World ...
A laptop’s 65-watt adapter can be made 6 times smaller and ...
An industry network should have device and data security at ...
The LTC2975 is a four-channel PMBus Power System Manager ...
In this video, a new high speed CMOS output comparator ...
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...