Sigmatel Inc. (SGTL)

[surf1944]

SigmaTel Enters into Definitive Agreement to Be Acquired by Freescale
Monday February 4, 8:00 am ET
SigmaTel's Analog and Mixed-Signal IC Products to Complement Freescale's Multimedia Portfolio

AUSTIN, Texas--(BUSINESS WIRE)--SigmaTel, Inc. (NASDAQ: SGTL - News) and Freescale Semiconductor today announced that they have entered into a definitive agreement for Freescale to acquire SigmaTel. Freescale is a privately held, global leader in the design and manufacture of embedded semiconductors. SigmaTel is a leading provider of analog intensive, mixed-signal integrated circuits (ICs) for the digital multimedia market.

dropping MOD position, SGTL bought today