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Freescale and Oracle Expand Relationship to Further Advance the Internet of Things
2013-09-23 07:00:00| Freescale Press Releases
Companies collaborate on technology and standards initiatives to spur development of compelling new IoT products and services SAN FRANCISCO--(BUSINESS WIRE)--Sep. 23, 2013-- Freescale Semiconductor (NYSE: FSL) and Oracle have agreed to a wide-ranging relationship to help rapidly evolve the Internet of Things (IoT). For more information click on title.
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internet
things
relationship
Freescale and Oracle address industry demand for common IoT standards
2013-09-23 07:00:00| Freescale Press Releases
Companies collaborate to establish advanced gateway platform for secure delivery of IoT services SAN FRANCISCO (JavaOne) Sept. 23, 2013 The Internet of Things (IoT) which many experts in the fields of IT and engineering believe is the fourth industrial revolution holds the promise of delivering dramatic innovations for existing industries, while enabling the creation of entirely new markets. However, one of the biggest barriers to widespread IoT implementation is the lack of a secure, standardized and open infrastructure model for the delivery of IoT services. For more information click on title.
Tags: address
common
industry
standards
Freescale and ROHM Will Collaborate to Deliver Innovative Automotive Solutions for Japanese and Global Markets
2013-09-11 07:00:00| Freescale Press Releases
Silicon leaders to focus on creating technologies that speed and simplify the design and development of advanced automotive systems TOKYO--(BUSINESS WIRE)--Sep. 11, 2013-- Freescale Semiconductor Japan Ltd. and ROHM Co. Ltd. have agreed to collaborate on select, automotive-related activities designed to provide comprehensive solutions for the Japanese and worldwide automotive markets. For more information click on title.
Tags: global
solutions
automotive
japanese
Freescale Semiconductor Announces Increase of New Term Loan Facility from $300 million to $800 million
2013-09-09 07:00:00| Freescale Press Releases
AUSTIN, Texas--(BUSINESS WIRE)--Sep. 9, 2013-- Freescale Semiconductor, Inc. (Freescale), a wholly owned subsidiary of Freescale Semiconductor, Ltd. (NYSE:FSL), announced today that Freescale has been advised by the arrangers under its proposed new senior secured term loan facility that they have received sufficient orders to upsize the proposed new term loan facility to $800 million from the original $300 million proposed at the outset of the offering. The proceeds from the proposed new term loan facility are intended to be used to redeem, repurchase or otherwise acquire all of Freescales outstanding 10% senior secured notes due 2018 and a portion of its 9% senior secured notes due 2018, and to pay related redemption premiums and fees. Freescale will pay for a portion of its expenses with cash on hand. The foregoing does not constitute a notice of redemption for any outstanding notes. The purposes of the transaction and the application of the proceeds are to extend a portion of For more information click on title.
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term
increase
million
Freescale Announces Launch of New Financing under Senior Secured Credit Facilities
2013-09-03 07:00:00| Freescale Press Releases
AUSTIN, Texas--(BUSINESS WIRE)--Sep. 3, 2013-- Freescale Semiconductor, Ltd., (NYSE: FSL) (the Company) announced today that Freescale Semiconductor, Inc. (Freescale), its wholly owned indirect subsidiary, is seeking commitments for a new senior secured term loan facility under its existing senior secured credit facilities in an aggregate principal amount of up to $300,000,000. The proceeds from the new term loan are intended to be used to redeem, repurchase or otherwise acquire all of Freescales outstanding 10% senior secured notes due 2018 and a portion of its 9% senior secured notes due 2018, and to pay related redemption premiums and fees. Freescale will pay for a portion of its expenses with cash on hand. The foregoing does not constitute a notice of redemption for any outstanding notes. The purposes of the transaction and the application of the proceeds are to extend a portion of Freescales debt maturities and reduce interest expense. The new term loan facility would be For more information click on title.
Tags: credit
senior
facilities
launch
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