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Conexant Buying Freescale Chips

Maker of chips for communications devices to buy one of Freescale Semiconductor's lines of chips used in multifunction printers.

NEWPORT BEACH, Calif. (AP) -- Conexant Systems Inc., which makes chips for communications devices, said Tuesday it agreed to buy one of Freescale Semiconductor's lines of chips used in multifunction printers.

Financial terms of the agreement were not disclosed.

The chips were developed by SigmaTel Inc. prior to its acquisition by Freescale.

Conexant will also acquire Freescale's SigmaTel digital photo frame product lines, which allow users to view and share photos from digital cameras, mobile phones and Web sites on high-resolution LCD displays.

Freescale said it will continue serving the multifunction printer market with its PowerQuicc technologies.

The acquisition strengthens Conexant's imaging product and technology portfolio and expands its customer base, the company said.

More than 50 Freescale employees are expected to join Conexant when the deal closes -- expected in the next 30 days.

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