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NXP and Freescale announce merger to target No.1 automotive semiconductor supplier

NXP Semiconductors N.V. and Freescale Semiconductor, Ltd. announced on March 2 that they have entered into a definitive agreement under which NXP will merge with Freescale. The transaction is expected to close in the second half of calendar 2015.
The merged entity will become the market leader in automotive semicondu....

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