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NXP Semiconductors N.V. Acquires Catena Group
NXP Semiconductors N.V. announced that it has signed a definitive agreement to acquire the Dutch electronic design and IP company Catena Group. On completion of the deal, NXP will own 100% of the Catena shares, while Catena will continue to operate as a separate design company. This deal gives NXP access to Catena's patents, IP and proprietary development tools, while enabling Catena to continue serving third party companies on a standalone basis. A supervisory board will be installed consisting of top management from NXP and Catena.
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