Ansion beauty's $2.4 billion takeover of Fairchild
According to the report, manufacturing (ON Semiconductor) and Fairchild Semiconductor (Fairchild Semiconductor, also known as Fairchild semiconductors) agree ON mergers and acquisitions, manufacturing will be $20 a share in cash for Fairchild Semiconductor, the entire trading nearly $2.4 billion.
The deal will create the leader of a power semiconductor device, the two companies receivables in total $5 billion, business across multiple markets, the focus of the new company will be the automotive electronics, industrial electronics and smart phone terminal.
Trade concerns
The two companies merged to become the leader of power semiconductor devices, the new company product line covers the width and depth are very well.
Two companies highly complementary product lines, will cover power semiconductor devices combined high voltage, medium voltage and low voltage market.
After various acquisition fairchild semiconductor industrial electronics, automotive electronics and intelligent mobile terminal market, etc. The power of the key strategic direction will be enhanced.
According to the generally accepted accounting principles, the earnings per share and free cash flow of the new company will improve immediately.
The deal will be completed within 18 months and is expected to the combined company operating costs could save $150 million a year.
Various Semiconductor (ON Semiconductor, the United States listed ON nasdaq code: ONNN) is applied to energy efficient electronic products first high-performance silicon solution provider. The company's products include power and signal management, logic, division and custom components, clients solve their in the automotive, communications, computers, consumer electronics, industrial, LED lighting, medical, military/aerospace and power application's unique design challenges, both quick and conform to the high cost performance. Company in North America, Europe and Asia Pacific operations in key markets, including manufacturing, sales offices and design center, the world first-class, value-added supply chain and the Internet.
Many historians agree that computer, to understand the history of silicon valley, we must know early Fairchild Semiconductor (Fairchild Semiconductor), also translated Fairchild Semiconductor. The company, was once the world's largest and most innovative and most exciting semiconductor manufacturing enterprises, for the growth of silicon valley laid a solid foundation. More importantly, the company also for silicon valley has spawned thousands of technical personnel and management personnel, it is not the kui is a "west point" of electronic, computer industry, is worthy of the name "the cradle of talent". Group after group of elite talent from here out of and entrepreneurship, writing the history of silicon valley, a brilliant; However, because of huge loss of talents, also makes the company through bumpy business ups and downs.
Fairchild semiconductor was founded in 1957, this period of history must be from two clues.
In 1955, the achievements of "the greatest invention of the century" of the "father" of transistors Shockley (baron hockley), Ph.D., leave the bell LABS, to return to his hometown of Santa Clara, create Shockley semiconductor laboratory ". This good news, in the middle of professor terman for silicon valley under the snare of the bosom: a Shockley the "trees", why should I worry about lead less than groups of "phoenix"? Electronic computer world anxiously the Shockley's whereabouts. It is said that 300 years ago when Newton announced that are going to build a factory in his hometown, so is the world of physics mentality. Soon, due to admire the "father of transistors" name, a cover letter like snowflakes fly to Shockley desk. In the second year, eight young scientist from the eastern United States began arriving in silicon valley, joining Shockley LABS. They are: Robert Noyce (N.) Mr Noyce, Moore (R.M oore), blank (J.B lank), Craig's (E.K liner), hull's (J.H oerni), rast J.L (ast), Roberts (S.R oberts) and Gerry Nick (V.G rinich). Their ages are under 30 years old, young, smart, at the peak of the creative ability. Among them, have got the double doctorate, engineer, from large companies have a researcher and professor at the university of famous, this is never had the talent in the western United States baccarat large collection.
Neumann, 29, is eight people in the elderly, is "to" Shockley's strongest one. When he do after he arrived in San Francisco, the first thing is to give for their buying a home, with decided to settle down permanently, didn't consider the work environment, conditions, and treatment. The experience of other seven youth, to silicon valley neumann and generally similar. Unfortunately, Shockley was genius scientist, but lack of management ability; He is ambitious, but don't know anything about management. Whitman commented: "Shockley in talented young people's eyes are very attractive, but they it is hard to work with him again." During the year, laboratory developed no decent products.