Brussels, 18/09/2015 (Agence Europe) - On 18 September, the European Commission announced that it has given approval to the acquisition of Freescale (Bermuda) by NXP (the Netherlands), subject to divestment of NXP's radio frequency power business.
The Commission was concerned that the takeover could otherwise have led to higher prices and less competition in this specific market. Both companies manufacture semiconductors at the global level. Semiconductors are used in various electronic...