Freescale Semiconductor
In March 2015, a merger agreement was announced through which NXP would acquire rival Freescale Semiconductor. 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. On December 7, 2015, NXP completed its acquisition of Freescale Semiconductor and the merged company continued operations as NXP Semiconductors N.V.