airfield see twentynine palms strategic expeditionary landing field . nxp semiconductors n.v. type public traded as nasdaq nxpi industry electronics founded 2006 ; 10 years ago 2006 headquarters high tech campus in eindhoven netherlands key people rick clemmer president & ceo products semiconductors revenue us 6.1 billion 2015 operating income us 1.68 billion 2015 net income us 1.4 billion 2015 number of employees 45 000 2016 1 website www.nxp.com nxp semiconductors n.v. is a global semiconductor manufacturer headquartered in eindhoven netherlands . the company employs approximately 45 000 people in more than 35 countries including 11 200 engineers in 23 countries . 2 nxp reported revenue of 6.1 billion in 2015 including one month of revenue contribution from recently merged freescale semiconductor . 3 nxp is currently the fifth largest non memory semiconductor supplier globally and the leading semiconductor supplier for the secure identification automotive and digital networking industries . 4 the company was founded in 1953 with manufacturing and development in nijmegen netherlands . 5 known then as philips semiconductors the company was sold to a consortium of private equity investors in 2006 at which point the company s name was changed to nxp . 6 on august 6 2010 nxp completed its ipo with shares trading on nasdaq under the ticker symbol nxpi . on december 23 2013 nxp semiconductors was added to the nasdaq 100 . 7 finally on march 2 2015 it was announced that nxp semiconductors would merge with chip designer and manufacturer freescale semiconductor in a 40 billion us dollar deal . 8 9 the merger was closed on december 7 2015 . 10 nxp semiconductors provides mixed signal and standard product solutions based on its security identification automotive networking rf analog and power management expertise . with an emphasis on security of the connected vehicle and the growing internet of things the company s products are used in a wide range of smart automotive identification wired and wireless infrastructure lighting industrial consumer mobile and computing applications . for example in order to protect against potential hackers nxp offers gateways to automotive manufacturers that prevent communication with every network within a car independently . 11 nxp is the co inventor of near field communication nfc technology along with sony and supplies nfc chip sets that enable mobile phones to be used to pay for goods and store and exchange data securely . 12 nxp manufactures chips for egovernment applications such as electronic passports ; rfid tags and labels ; and transport and access management with the chip set and contactless card for mifare used by many major public transit systems worldwide . 13 in addition nxp manufactures automotive chips for in vehicle networking passive keyless entry and immobilization and car radios . 14 nxp invented the i c interface over 30 years ago and is a supplier of i c solutions . 15 nxp is also a volume supplier of standard logic devices and celebrated its 50 years in logic via its history as both signetics and philips semiconductors in march 2012 . 16 nxp currently owns more than 9 000 issued or pending patents . 17 contents 1 philips semiconductors 2 launch of nxp semiconductors n.v. 3 notable events 4 merger with freescale semiconductor 4.1 analysis of merger 5 worldwide sites 6 joint ventures and other major interests 7 see also 8 references 9 external links philips semiconductors edit silicon valley based signetics the first company in the world established expressly to make and sell integrated circuits 18 and inventor of the 555 timer ic was acquired by philips in 1975 . at the time it was claimed that with the signetics acquisition philips was now number two in the league table of semiconductor manufacturers in the world . 19 in 1987 philips signetics a unit of philips was ranked europe s largest semiconductor maker with sales of 1.36 billion in 1986 . 20 philips acquired vlsi technology in june 1999 . at the time the acquisition made philips the world s sixth largest semiconductor company . 21 in december 2005 philips announced its intention to legally separate its semiconductor division philips semiconductors into an independent legal entity . 22 in september 2006 philips completed the sale of an 80.1 % stake in philips semiconductors to a consortium of private equity investors consisting of kohlberg kravis roberts kkr bain capital silver lake partners apax partners and alpinvest partners . 23 launch of nxp semiconductors n.v. edit the new company name nxp from next experience was announced on august 31 2006 6 and was officially launched during the internationale funkausstellung ifa consumer electronics show in berlin . the newly independent nxp was ranked as one of the world s top 10 semiconductor companies . 24 at the time ceo frans van houten emphasized the importance of nxp in enabling vibrant media technologies in mobile phones digital tvs portable music players and other consumer electronics devices . 25 nxp s first acquisition as an independent company was in 2007 when nxp announced that it would acquire silicon laboratories aerofone single chip phone and power amplifier product lines to strengthen its mobile and personal business . 26 fourteen months later nxp announced that it would transform its mobile and personal business unit into a joint venture with stmicroelectronics which in 2009 became st ericsson a 50 50 joint venture of ericsson mobile platforms and stmicroelectronics after st purchased nxp s 20 % stake . 27 similarly in april 2008 nxp announced it would acquire the set top box business of conexant to complement its existing home business unit . 28 in october 2009 nxp announced that it would sell its home business unit to trident microsystems . 29 in september 2008 nxp announced that it would restructure its manufacturing r & d and back office operations resulting in 4 500 job cuts worldwide for annual savings of 550 million . 30 notable events edit current president and ceo rick clemmer took over from frans van houten on january 1 2009 . 31 clemmer has emphasized the importance of high performance mixed signal products as a key focus area for nxp . 32 as of 2011 standard products including components such as small signal power and integrated discretes 33 accounted for 30 percent of nxp s business . 32 on july 26 2010 nxp announced that it had acquired jennic based in sheffield uk 34 which now operates as part of its smart home and energy product line offering wireless connectivity solutions based on zigbee and jennet ip . on august 6 2010 nxp announced its ipo at nasdaq with 34 000 000 shares pricing each 14 . 35 in december 2010 nxp announced that it would sell its sound solutions business to knowles electronics part of dover corporation for 855 million in cash . 36 the acquisition was completed as of july 5 2011 . 37 in april 2012 nxp announced its intent to acquire electronic design consultancy catena to work on automotive applications to capitalize on growing demand for engine emissions reduction and car to infrastructure car to car and car to driver communication . 38 in july 2012 nxp sold its high speed data converter assets to integrated device technology . 39 in 2012 revenue for nxp s identification business unit was 986 million up 41 % from 2011 in part due to growing sales of nfc chips and secure elements . 40 on january 4 2013 nxp and cisco announced their investment in cohda wireless an australian company focused on car to car and car to infrastructure communications . 41 in january 2013 nxp announced 700 900 redundancies worldwide in an effort to cut costs related to support services . 42 in may 2013 nxp announced that it acquired code red technologies a provider of embedded software development such as the lpcxpresso ide and red suite . 43 in july 2014 nxp was reported to have sacked union organisers . 44 a campaign was started for their reinstatement . 45 on june 14 2016 it was announced that nexperia would be divested from nxp to a consortium of financial investors consisting of beijing jianguang asset management co. ltd jac capital and wise road capital ltd wise road capital . 46 this transaction is expected to close in the first quarter of 2017 pending all required regulatory approvals and employee representative consultations . 46 merger with freescale semiconductor edit in march 2015 a merger agreement was announced through which nxp would acquire rival freescale semiconductor . 47 the rf power division was sold to jac capital for 1.8 billion and was rebranded as ampleon in a transaction closed in november 2015 . 48 on december 7 2015 nxp completed its acquisition of freescale semiconductor and the merged company continued operations as nxp semiconductors n.v. analysis of merger edit both have deep roots stretching back to when they were part of philips nv in the case of nxp and motorola freescale . each has comparable revenue figures ; us 4.8 b and us 4.2 b for nxp and freescale respectively in 2013 . nxp primarily focuses on near field communication nfc and high performance mixed signal hpms hardware . freescale focuses on its microprocessor and microcontroller . both companies possess roughly equal patent portfolios . 49 certainly each company brings core strengths to the combined organization nfc from nxp and microcontrollers from freescale . also both companies have been actively involved in litigation over the years as both plaintiff and defendant so a larger and more importantly a more geographically diverse patent portfolio could likely prove useful in such matters . chipworks analysts suggest the newly merged company will divest itself of many properties as the merger progresses . 49 some analysts believe cost savings after the two companies merge are expected to be about 500m dollars . customers are ultimately divided over the consolidation of their product families and how it may affect their own development and end products . 49 worldwide sites edit nxp headquarters in eindhoven netherlands july 2011 nxp lpc1114 in 33 pin hvqfn package and lpc1343 in 48 pin lqfp package both arm cortex m microcontrollers nxp semiconductors is headquartered in eindhoven netherlands . the company has operations in more than 35 countries with engineering design teams in 23 countries . 50 nxp currently has 14 manufacturing sites with seven test and assembly sites and seven wafer fabs test and assembly bangkok thailand cabuyao city philippines guangdong china kaohsiung taiwan kuala lumpur malaysia seremban malaysia tianjin china wafer fabs hamburg germany manchester united kingdom chandler arizona united states austin texas united states 2 nijmegen netherlands singapore joint ventures and other major interests edit systems on silicon manufacturing company ssmc pte. ltd. 61 % datang nxp semiconductors co. ltd. 49 % suzhou asen semiconductors co. ltd 40 % advanced semiconductor manufacturing co. ltd. 27 % cohda wireless pty ltd. 23 % see also edit nxp mifare contactless smart cards and proximity cards nxp lpc microcontrollers nxp greenchip references edit company factsheet pdf . www.nxp.com . retrieved 12 february 2016 . company factsheet pdf . www.nxp.com . retrieved 12 february 2016 . nxp semiconductors reports fourth quarter and full year 2015 results . www.nxp.com . retrieved 12 february 2016 . company overview pdf . www.nxp.com . retrieved 12 february 2016 . penning de vries rene 2010 . nxp in the making the world s first hpms company . isbn 9789081541916 . a b philips semiconductors to become nxp ee times august 31 2006 . retrieved may 27 2011 . nxp semiconductors n.v. joins the nasdaq 100 index . marketwatch . 16 december 2013 . retrieved 24 june 2015 . http www.nxp.com news press releases 2015 03 nxp and freescale announce 40 billion merger.html nxp and freescale announce 40 billion merger http otp.investis.com clients us free scale usn usnews story.aspx cid 896 & newsid 28737 nxp and freescale announce 40 billion merger nxp semiconductors and freescale semiconductor close merger rttnews . retrieved on