2006
NXP Semiconductors is formed as Philips completes the sale of its chip unit
Royal Philips Electronics completed the sale of an 80.1 percent stake in its semiconductor division to a consortium of private equity firms including KKR, Bain Capital and Silver Lake, relaunching the business as NXP. The new company kept its headquarters in Eindhoven and went public on Nasdaq in 2010.
Source: CIO — "Philips Completes Sale of Chip Unit Stake"
