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Freescale Acquires Seaway Networks

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AUSTIN, Texas, Aug. 23 -- Freescale Semiconductor Inc. has acquired the assets of Seaway Networks Inc., an Ottawa, Canada-based private fabless semiconductor supplier of content processing technology for the data networking industry. Financial terms were not disclosed. Freescale, based in Austin, makes embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. It became a publicly traded company in July 2004 after more than 50 years as part of Motorola Inc. Most of Seaway's work force -- about 40 employees -- will be transferred to Freescale's new...Read full article

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    Published: August 2005
    Communicationsdata networkingFreescaleindustrialNews & FeaturesSeaway Networkssemiconductors

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