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Encyclopedia > NXP Semiconductors
NXP Semiconductors
Image:nxplogo.png
Type Private Ownership
Founded 2006, formerly a division of Philips
Headquarters Eindhoven, Netherlands
Key people Frans van Houten, President & CEO
Industry Electronics
Products Semiconductors
Revenue $6.365 Billion
Employees 37,000 (2006)
Website www.nxp.com
For other uses of NXP, see NXP (disambiguation).

NXP (for Next eXPerience) Semiconductors is the name for the new semiconductor company founded by Philips as announced by its CEO Frans van Houten to its customers and employees in Berlin on Thursday night 2006-08-31 and to the global media early on Friday morning 2006-09-01. Image File history File links Nxplogo. ... A private company is a company that is independently owned. ... For the Manfred Mann album, see 2006 (album). ... Philips HQ in Amsterdam Koninklijke Philips Electronics N.V. (Royal Philips Electronics N.V.), usually known as Philips, (Euronext: PHIA, NYSE: PHG) is one of the largest electronics companies in the world. ... Image File history File links Flag_of_the_Netherlands. ... Country Netherlands Province North Brabant Area 88. ... The field of electronics comprises the study and use of systems that operate by controlling the flow of electrons (or other charge carriers) in devices such as thermionic valves (vacuum tubes) and semiconductors. ... A semiconductor is a material that is an insulator at very low temperature, but which has a sizable electrical conductivity at room temperature. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... NXP can refer to: NXP Semiconductors, founded by Philips in September, 2006 NXP Software is an independent software vendor for mobile multimedia applications (founded by Philips)[1] NXP, the IATA code for Twentynine Palms EAF Airport – Twentynine Palms, California, United States NXP, the ticket symbol for Nuveen Select Tax-Free... A semiconductor is a solid whose electrical conductivity can be controlled over a wide range, either permanently or dynamically. ... Philips HQ in Amsterdam Koninklijke Philips Electronics N.V. (Royal Philips Electronics N.V.), usually known as Philips, (Euronext: PHIA, NYSE: PHG) is one of the largest electronics companies in the world. ... Berlin is the capital city and one of the sixteen states of the Federal Republic of Germany. ... For the Manfred Mann album, see 2006 (album). ... August 31 is the 243rd day of the year in the Gregorian calendar (244th in leap years), with 122 days remaining. ... For the Manfred Mann album, see 2006 (album). ... September 1 is the 244th day of the year (245th in leap years) in the Gregorian calendar. ...

Contents

History

  • In December 2005, Philips announced its intention to make its Semiconductor Division into a separate legal entity. This process of "disentanglement" was scheduled to be completed on 2006-10-01.
  • 2006-08-02, Philips completed an agreement to sell a controlling 80.1% stake in Philips Semiconductors to a consortium of private equity investors consisting of Kohlberg Kravis Roberts & Co. (KKR), Silver Lake Partners and AlpInvest Partners. Philips will retain a 19.9% share in the new entity.
  • 2006-08-21, Bain Capital and Apax Partners announced that they had signed definitive commitments to join the expanded consortium headed by KKR that is to acquire the controlling stake in the new company.
  • 2006-10-01, NXP became a separate legal entity.

VLSI Technology, Inc was an American semiconductor company which designed and manufactured custom and semi-custom ICs. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... A legal entity is a legal construct through which the law allows a group of natural persons to act as if it were a single composite individual for certain purposes. ... For the Manfred Mann album, see 2006 (album). ... October 1 is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... For the Manfred Mann album, see 2006 (album). ... August 2 is the 214th day of the year in the Gregorian Calendar (215th in leap years), with 151 days remaining. ... Private equity is a broad term that refers to any type of equity investment in an asset in which the equity is not freely tradable on a public stock market. ... Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late stage leveraged buyouts. ... For the Manfred Mann album, see 2006 (album). ... August 21 is the 233rd day of the year (234th in leap years) in the Gregorian Calendar. ... Bain Capital LLC is a Boston, Massachusetts-based private equity firm founded in 1984 by Mitt Romney, later Governor of Massachusetts, and two other partners from Bain & Company, the consulting firm: T. Coleman Andrews and Eric Kriss. ... Apax Partners is a private equity and venture capital firm which operates in the United Kingdom, United States, Europe, and Israel. ... For the Manfred Mann album, see 2006 (album). ... September 1 is the 244th day of the year (245th in leap years) in the Gregorian calendar. ... The IFA or Internationale Funkausstellung Berlin (International radio exhibition Berlin) is one of the oldest industrial exhibitions of Germany. ... For the Manfred Mann album, see 2006 (album). ... September 14 is the 257th day of the year in the Gregorian calendar (258th in leap years). ... In relation to a company, a director is an officer of the company charged with the conduct and management of its affairs. ... For the Manfred Mann album, see 2006 (album). ... October 1 is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... For the Manfred Mann album, see 2006 (album). ... October 4 is the 277th day of the year (278th in leap years) in the Gregorian Calendar. ... Sir Peter Bonfield CBE FREng is the retired Chairman of BT and ICL He is a Fellow of the Royal Academy of Engineering. ... A Supervisory board is a group of individuals chosen by the stockholders of a company to promote their interests through the governance of the company and to supervise and control the executive directors and CEO. Germany In Germany the Aufsichtsrat or Supervisory Board is composed of 11 non-executive directors...

Main markets

After being separated from Philips, the new company NXP has these focus markets: Philips HQ in Amsterdam Koninklijke Philips Electronics N.V. (Royal Philips Electronics N.V.), usually known as Philips, (Euronext: PHIA, NYSE: PHG) is one of the largest electronics companies in the world. ...

  • Automotive
  • Identification
  • Mobile and personal communication
  • Home
  • Multimarket semiconductors
  • Software

See also

This article presents the Worldwide TOP 20 Semiconductor Sales Leaders over the years. ...

External links

  • NXP Semiconductors – company website
  • Philips Semiconductors becomes NXP – company launch announcement
  • What if you could.... – all about the new NXP brand
  • New Name and Strategy for Chip Division at Philips – NYT article about the inauguration of NXP
  • NXP Semiconductors announces Board of Management
  • NXP Semiconductors Appoints Sir Peter Bonfield as Chairman of Supervisory Board



 

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