NXP Semiconductors N.V. ("NXP") (NASDAQ: NXPI) announced today that certain of its principal stockholders, including affiliates of funds managed or advised by Kohlberg Kravis Roberts & Co. L.P., AlpInvest Partners B.V., Apax Partners LLP, Bain Capital Partners, LLC and Silver Lake Technology Management, L.L.C., have commenced a registered secondary offering of 25,000,000 shares of common stock pursuant to NXP's shelf registration statement on Form F-3. NXP will not receive any proceeds from the sale of shares in the offering.
NXP Semiconductors NV is a holding company. Through its subsidiaries, Co. is engaged as a global semiconductor company and a long-standing supplier in the industry. Co. sells two categories of products, High-Performance Mixed-Signal product solutions and Standard Products. Co.'s product solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. Co. engages with original equipment manufacturers worldwide and over 62% of Co.'s sales are derived from Asia Pacific (excluding Japan).
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