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Wednesday, April 30, 2008
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Conexant Sheds More Broadband Chips In Survival Struggle
 Chip house Conexant Systems has bailed out of a second segment of the broadband market, selling off its Broadband Media Processing product lines to NXP Semiconductors for $110 million in cash and as much as $35 million in an “earn-out” fee. The deal was disclosed simultaneously with...
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