Freescale Shares Dual-Core Plans
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Company will manufacture a dual-core PowerPC processor.
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Two private equity consortiums are   bidding to buy chip maker Freescale Semiconductor Inc. FSL.N   for about $16 billion, sources familiar with the matter said on   Monday.
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(InfoWorld) - Henri Richard will join Freescale Semiconductor as its new chief sales and marketing officer, just weeks afterÂ stepping down from the same position at AMD, Freescale said Wednesday. Freescale hired Richard for his "expertise in developing customer solutions" across a range of industry segments, including OEM, indirect, and end-user channels, and both hardware and software products, Freescale CEO Michel Mayer said in a statement. The company also values Richard's experience throughout the U.S., European, and Asian markets gained from positions he has held at WebGain, IBM, and Seagate Technology, Mayer said. On Sept. 11, Richard will take on the title of senior vice president, chief sales and marketing officer. David Perkins, who is Freescale's senior vice president of global sales and marketing, will leave the company later this month after a transition period, to pursue other opportunities, said Freescale spokesman Rob Hatley. Richard joins the company at a time of change, sinceÂ Freescale was acquired in December 2006 by a consortium of private equity funds led by The Blackstone Group and ceased to trade as a public company on the New York Stock Exchange. The company has also taken on new leadership recently as IBM veteran Lisa Su joined Freescale in June as the new senior vice president and CTO. During his five years at AMD, Richard led the company's marketing efforts to win share from its giant rival Intel. AMD initially saw strong success in that quest thanks to sales of its Opteron server processor, butÂ the company entered a price war with IntelÂ and has posted a series of financial losses for the past several quarters. He will face different challenges at Freescale, which makes embedded semiconductors for the automotive, consumer, industrial, networking, and wireless markets. AMD also makes chips for embedded applications but relies far more on revenue from PC processors and chipsets. The two companies are about the same size, however, with Freescale reporting 2006 revenue of $6.4 billion, slightly higher than AMD's revenue of $5.6 billion for the same year, including the impact of ATI. However, Freescale stumbled in the most recent quarter, reporting on July 19 that net sales for the second quarter of 2007 were $1.38 billion, compared to $1.60 billion in the second quarter of 2006.
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Multiple-core microprocessors will allow you to do more multitasking, but your current software was written for single-core processors and will therefore be useless.
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squiggleslash writes &quot;IBM has big plans for the 970, Apple&#39;s so-called &quot;G5&quot;. The CPU will support partitioning, similar to IBM&#39;s mainframe systems, allowing multiple operating systems to run at the same time on a single CPU.
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Analysis: Dual- and quad-core systems add power, but customers wonder whether the they're worth the cost.
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Chip maker offers few details about its plans for dual-core server processors.
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SANTA CLARA, CALIFORNIA - Intel Corp. plans to ship its first Xeon processors based on a new dual-core architecture in 2006, company officials said Tuesday, a disclosure that surprised industry observers who had expected the chips to appear in 2005.
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IBM is looking to get a leg up on the competition with the October 15 launch of eServer 326, a rack-mounted server that supports AMD&#39;s upcoming dual-core 64-bit processor.
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(InfoWorld) - Freescale Semiconductor Inc. has agreed to be acquired by a group of investment firms for US$17.6 billion. A consortium of four private equity firms plans to buy the big Austin, Texas, chipmaker for $40 per share in cash. The deal is subject to regulatory approvals and a vote by Freescale shareholders. Freescale's board of directors has unanimously approved the sale, the company announced Friday. The offer price represents an approximately 36 percent premium over the company's average closing share price in the 30 days ended Sept. 8. Freescale, a spinoff of Motorola Inc., went public on its own in 2004 and had sales of $5.8 billion in 2005. It designs and manufactures embedded networking, wireless, automotive, industrial and consumer product chips. Under the deal, Freescale is allowed to solicit other proposals for the next 50 calendar days and can respond to unsolicited offers, subject to a deal breakup fee. The consortium is led by The Blackstone Group, in New York, and includes The Carlyle Group, Permira Funds and Texas Pacific Group.
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Blog: It's cheaper than ever to take the quad-core plunge, but don't spend money on cores you don't need.
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AUSTIN, Texas - Freescale Semiconductor Inc. plans to cut at least 1,000 jobs from its worldwide operations, the company said as part of its second earnings report since it went public in July after being spun off from Motorola Inc.
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Microsoft Corp., world&#39;s largest software maker, announced a new licensing policy for dual-core microprocessors from Intel and AMD.
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Microsoft has announced that it will treat multicore processors as single processors on its corporate software that is sold on a per-processor basis.
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New high-end dual-core Opterons will power servers.
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AMD&#39;s new dual-core Opteron chip is designed mainly for corporate computing applications, including databases, Web services, and financial transactions.
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Upgrade to high-performance server will include AMD's dual-core chip.