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Freescale Semiconductor, Inc. (FSL) |
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WIKI ANALYSIS
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This company completed an initial public offering (IPO) of its stock in 2010. View articles that reference this company. Recent IPOs: Globe Specialty Metals • LogMeIn • Invesco Mortgage Capital • Medidata • Chemspec |
Freescale Semiconductor, Inc (NYSE:FSL) is a global leader in embedded processing semiconductors and solutions, where an embedded process includes the combination of embedded processors, semiconductors and software. Often times, the embedded processor products include microcontrollers, single- and multi-core microprocessors, applications processors and digital signal processors used in the automotive, networking, industrial and consumer markets. The company is poised for rapid growth in the Brazil, Russia, India and China - BRIC countries based on a long history of partnerships in the region. [1]
The electronics industry is well positioned to continue sustained growth with the strong future demand for electronics that require embedded preprocessor technology. Devices that require this technology can be found in all facets of future electronic applications including various hybrid and all-electric vehicles, next generation wireless networking infrastructure and smart phone, automotive safety, smart grid, portable medical devices, and even consumer appliances. The International Data Corporation (“IDC”), estimates the growth for these micro processors to increase by a compounded 8% annual growth rate in the upcoming years, reflecting the growth for electronic content in industrial, automotive, medical, communications and consumer businesses. [2]
The company's initial public offering of stock on the NYSE occurred on May 25, 2011. The company offered 43.5M shares each for $18, which was at the low end of the $22-$24 price range. The offering raised a total of $783M. The lead managers of the IPO were Citigroup (C) and Deutsche Bank AG (DB). [3]
During the full year 2010, the company reported a total revenue of $4.46B and incurred a net loss of $1.053B.[4]
- ↑ FSL S-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1-4
- ↑ FSL S-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1-6
- ↑ Renaissance Capital - IPO Home "Freescale Semiconductor prices IPO at $18, below the range" 25 May 2011
- ↑ FSL S-1/A 2011 PROSPECTUS SUMMARY "Summary Financial Information" pg 9
Freescale bought SigmaTel for $110 million in February 2008. [5]
References
- ↑ FSL S-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1-4
- ↑ FSL S-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1-6
- ↑ Renaissance Capital - IPO Home "Freescale Semiconductor prices IPO at $18, below the range" 25 May 2011
- ↑ FSL S-1/A 2011 PROSPECTUS SUMMARY "Summary Financial Information" pg 9
- ↑ Freescale
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