EINDHOVEN, Netherlands, March 10, 2015 — NXP Semiconductors N.V. (Nasdaq:NXPI) today announced that it will acquire Athena SCS Ltd., a provider of solutions securing the rapidly expanding connected world. The acquisition will further strengthen NXP’s offering in providing secure solutions across a multitude of applications in the areas of Internet of Things (IoT), Industry 4.0, Automotive and Identification.
“Athena has demonstrated a clear aptitude for developing leading-edge embedded software and cryptography in a wide variety of secure connectivity solutions. This expertise and knowledge complements NXP’s focus on creating secure connections for a smarter world, further strengthening our ability to provide our customers with a complete range of solutions for their particular needs,” said Steve Owen, executive vice president, sales & marketing, NXP Semiconductors. “With security becoming an intrinsic part of many new applications, it’s important to continually enhance and strengthen our offering. Additionally, the acquisition of Athena enables us to quickly capture opportunities in new and developing markets.”
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy, and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com.
NXP, JCOP, SmartMX and the NXP logo are trademarks of NXP B.V. Java and Java Card are registered trademarks of Oracle and/or its affiliates. All other product or service names are the property of their respective owners. All rights reserved. © 2017 NXP B.V.
About Athena SCS
Athena SCS develops state of the art Java Card and Native smart card products for the smart card ID, Government, Enterprise and Payment markets. Athena develops advanced smart card reader/writers and smart card development kits. The Athena website provides information abouth smart card readers, smart cards, and product and company news
This document includes forward-looking statements which include statements regarding NXP’s business strategy, financial condition, results of operations and market data, as well as other statements that are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in NXP’s SEC filings. Copies of NXP’s SEC filings are available from the SEC website, www.sec.gov.
CONTACT: NXP SemiconductorsEurope: Jens Stuhr
+49 (0) 170 7807409
Greater China / Asia: Esther Chang
+886 2 8170 9990
Americas: Hillary Cain
+1 408 518 5227
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