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 Post subject: Freescale news
PostPosted: Mon Sep 11, 2006 10:07 am 
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Joined: Sun May 08, 2005 8:46 pm
Posts: 559
Location: Paris
Quote:
On the corporate deal front, a consortium of investment firms was near a deal to acquire Freescale Semiconductor Inc. (FSL.N) for more than $16 billion, The New York Times reported. Freescale shares jumped 18 percent to $36.28 on the New York Stock Exchange.
from NYTimes

do you know more about it ?


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 Post subject:
PostPosted: Tue Sep 12, 2006 5:07 am 
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Location: France
Maybe it will be usefull:

http://www.theregister.co.uk/2006/09/12 ... ctor_chip/


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 Post subject:
PostPosted: Tue Sep 12, 2006 9:02 am 
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Location: Austin, TX
Quote:
There have been rumbles about this kind of thing since Freescale did their IPO. To be honest you can get quite bored of the constant noise of "someone wants to buy Freescale!"

Of course everyone wants to buy everyone else's top 10 semiconductor company :)

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Matt Sealey


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 Post subject:
PostPosted: Sat Sep 16, 2006 2:33 pm 
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...but this time it's done !


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 Post subject:
PostPosted: Sat Sep 16, 2006 2:55 pm 
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Genesi

Joined: Fri Sep 24, 2004 1:39 am
Posts: 1422
Yes, and look who is the Chairman of the Carlye Group:

Louis V. Gerstner, Jr.

We have a couple of ideas for him...;-)

R&B :)

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 Post subject:
PostPosted: Sat Sep 16, 2006 3:32 pm 
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Quote:

We have a couple of ideas for him...;-)
i guess you do !
China...IBM... nice connections with Genesi mmm ? ;-)


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PostPosted: Sat Sep 16, 2006 9:14 pm 
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Location: Mansfield Ohio USA
Lou Gerstner is of course chairman of the Carlyle Group. He is the same Lou Gerstner who decided that Microelectronics was absolutely strategic for IBM and that it was strategic because he saw the inevitable shift to PC's becoming a myriad of devices like cell phones, iPods and Blackberry's and therefore the shift from building bigger than a bread box PC's on a factory assembly line to "building" most of the cigarette pack sized "PC's" in the fab.

Compare starting a company like Dell, Michael Dell did not even start in a garage, he started the company out of the trunk of his car, to starting up a company like Freescale where the ante for just one fab is in the $5 billion range and where the typical lead-time for a greenfield fab is three years.

Gerstner knows that Freescale's value is in it's ability to be one of the few players now that the PC paradigm is about to shift. The rest of what is now the PC industry will be like chess pieces on a board, moved around at will by the real players like IBM, Freescale, Samsung, Chartered and AMD, as I stated earlier on this blog http://www.power.org/blog/?p=61

There undoubtedly is a strategic move in the wings involving AMD and its ability to make SoC's with PowerPC cores. Will Gerstner or Bill Gates now pull the strings on that one? What's Hector Ruiz's role? After all, he once ran what is now Freescale. How does this all fit in with IBM and Freescale having kissed and made up and now are, once again, both strategic partners in Power.org? I would not be surprised to see this strategic Power duo expanding by them also sharing strategic power over the architecture with Sony, Toshiba, Samsung and AMD. Samsung, as the largest worldwide manufacturer of flat screens could become especially strategic for PowerPC on the desktop when that FuturePC is that cigarette pack sized module that plugs into theFuturePC port on the back of a typical flatscreen.

That all aside, I don't see Gerstner agreeing to flipping this investment anytime soon. I don't recall Gerstner ever being fond of Wall Street looking over his shoulders and therefore, in an era of rapidly shifting opportunities, Lou Gerstner will help that investment group make lots of money by playing their cards close their vests. As a consequence, the Power architecture will have added a real trump card.

Henry Keultjes hbkeultjesatearthlinkdotnet
Database Scientifics Project http://www.ncolug.org/ppc.htm
Mansfield Ohio USA
Direct 419-525-1111


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 Post subject:
PostPosted: Sun Sep 17, 2006 9:55 am 
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Genesi

Joined: Fri Sep 24, 2004 1:39 am
Posts: 1422
Henry:

Everything - Everywhere

AMD has the same ideas and perhaps we will see AMD with a Power offereing. The question remains: Why the Dell Not? :P

R&B :)

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 Post subject:
PostPosted: Sun Sep 17, 2006 4:47 pm 
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Location: Los Angeles
Great the Carlyle group. Who knows what nefarious plans they have for the chips. Do some research into their background and involvements in the mitlitary/industrial complex, rather scary if you ask me...


magnetic


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 Post subject:
PostPosted: Mon Sep 18, 2006 4:38 am 
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Joined: Fri Sep 24, 2004 1:39 am
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Location: Austin, TX
Quote:
Great the Carlyle group. Who knows what nefarious plans they have for the chips. Do some research into their background and involvements in the mitlitary/industrial complex, rather scary if you ask me...
There is a PowerPC processor in the new Eurofighter. And a million other military devices.

PowerPC's on Mars rovers too! There must be a link. Perhaps that is the start of the new Mars Space Defense Force, and convertible airplane/giantrobot armies will be made, all running on Power Architecture. The world will be doomed and it's all down to us!?!

My point is: nobody's asking you, Thomas :)

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Matt Sealey


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 Post subject:
PostPosted: Mon Sep 18, 2006 5:39 am 
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Genesi

Joined: Fri Sep 24, 2004 1:39 am
Posts: 1422
Matt, we appreciate the participation of Thomas here - even if this post is a little off topic. Here is something:

September 15, 2006

TO: All Freescale Employees
Earlier today we made an important announcement. Freescale reached an agreement with a consortium of private equity firms to be acquired for $40 per Freescale share in cash, in a transaction with a total equity value of $17.6 billion.
The practical effect of having a private equity consortium acquire Freescale is that we will change from being a publicly traded company to a private company. We believe that being a private company will provide a number of benefits for our stockholders, our employees and our customers. As a private company we will have significant flexibility to manage our business and the ability to make faster decisions.
In addition, as you saw in the press release, our stockholders will receive a premium price for their shares. This value is largely a tribute to the world-class employee and management team at Freescale, which is responsible for establishing Freescale as a leader in our industry and underscores the exceptional progress we have made together in the two years since our IPO.
We believe private owners view us as an attractive investment opportunity because of our solid business strategy, our talented employees and skilled management team and our industry leadership position.
We do not contemplate major changes to either our organizational or leadership structure, and we will remain committed to meeting and surpassing the expectations of our customers. While Freescale is changing its ownership, we will not compromise our energy and passion with respect to technology innovation and customer focus.
In the coming weeks, the company will file a preliminary proxy statement with the Securities and Exchange Commission. I encourage you to read the proxy statement once it is made public. When the SEC’s review is complete, our stockholders will be asked to vote their approval of the transaction. The transaction is subject to stockholder and regulatory approvals, and the satisfaction of customary closing conditions.
In addition, it is important to note that the definitive agreement contains a provision under which Freescale may solicit and respond to alternative proposals from third parties. There can be no assurance that any alternative proposal will emerge, but we wanted you to be aware that this potential exists.
The following Q&A will address many of your questions.
I am proud of your hard work, which has helped transform Freescale over the past two years. As we have improved our performance and continued to innovate, we have created substantial value for our stockholders. As a team, we have tremendous profitable growth opportunities ahead of us, and, together, we will continue to extend our leadership position in the semiconductor industry.
Sincerely,

Michel Mayer
Chairman and Chief Executive Officer


That is from the SCHEDULE 14A filed with the SEC this morning. We have to hand it to them. If the objective was to get rich the Management did it. Whether or not they would have gone anywhere long term is pure speculation now. We are sure they will take a different approach going ahead and wish them the best.

Congratulations to Freescale and a big YiPPEE! for all the wealth that was created for the employees. :)

R&B :)

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 Post subject:
PostPosted: Tue Sep 19, 2006 8:55 pm 
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Location: Los Angeles
bbrv

Interesting post. Thanks for the kind words as well. I'm sure the Freescale people you were close with are quite pleased with their financial positions in life now! ;-)

@ matt

If you had even the slightest clue about the involvements of that group you would'nt write facetious responses back to me. Do some research.

magnetic


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 Post subject:
PostPosted: Thu Sep 21, 2006 12:29 pm 
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Site Admin

Joined: Fri Sep 24, 2004 1:39 am
Posts: 1589
Location: Austin, TX
Quote:
@ matt

If you had even the slightest clue about the involvements of that group you would'nt write facetious responses back to me. Do some research.

magnetic
I think I will live well and sleep soundly even if I do that research. X-Files finished a long time ago! Conspiracy theories are so passé :D

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Matt Sealey


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 Post subject:
PostPosted: Thu Sep 21, 2006 1:14 pm 
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Joined: Fri Sep 24, 2004 1:39 am
Posts: 269
Location: Los Angeles
Neko

Though humourous, your post is far from the truth. Now is the time more than ever for so called "conspiracy theories" They are no longer theories :(((

magnetic

ps: but sorry to be OT on this.


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 Post subject:
PostPosted: Sat Sep 23, 2006 8:24 am 
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Joined: Fri Sep 24, 2004 1:39 am
Posts: 429
Location: Secure Networks / Sweden
Just watch Fahrenheit 9/11 and you will get a good
picture who the Carlyle Group are.


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