Flexible Electronics News

NXP Announces Completion of Standard Products Business Divestiture

Consortium of financial investors paid approximately $2.75 billion for Nexperia.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. announced that it has completed the divestiture of its Standard Products business (Nexperia) to a consortium of financial investors consisting of Beijing Jianguang Asset Management Co., Ltd. (JAC Capital) and Wise Road Capital Ltd. Under the terms of the agreement, first announced in June 2016, the consortium paid approximately $2.75 billion for the business.   Nexperia is now a stand-alone, world-class leader in Discretes, Logic and MOSFETs, retaining all the expertise...

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