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Slide #80. NXP Semiconductors N.V. — Code Red Technologies
NXP Semiconductors N.V. (NASDAQ:NXPI)
Code Red Technologies
NXP Semiconductors N.V. (NASDAQ: NXPI) today announced its acquisition of Code Red Technologies, an embedded software development tools provider, as a strategic addition to its microcontroller business line. Code Red Technologies is recognized industry-wide for innovative tools enabling rapid development and debugging of full-featured applications for 32-bit ARM microcontrollers. These tools include the popular LPCXpresso IDE (integrated development environment) -- a very low-cost, end-to-end development platform for NXP LPC microcontrollers -- enabling embedded developers to develop applications from initial evaluation through to final production. The financial terms of the agreement were not disclosed.
NXP Semiconductors is a holding company. Through its subsidiaries, Co. is engaged as a semiconductor company. Co.'s product solutions are used in a range of end-market applications including: automotive, industrial and Internet of Things, mobile, and communication infrastructure. Co. is engaged with global original equipment manufacturers and sells products in various primary geographic regions. Co. provides customers a portfolio of semiconductor products including microcontrollers, application processors, communication processors, connectivity chipsets, analog and interface devices, radio frequency power amplifiers, security controllers and sensors.
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Strong Buy (3.62 out of 4)