New York, March 02, 2015 -- Moody's Investors Service ("Moody's") affirmed NXP B.V.'s ("NXP") and NXP Semiconductors N.V.'s ratings including the Ba2 Corporate Family Rating ("CFR") and raised the outlook to positive. Moody's also placed the ratings of Freescale Semiconductor Inc. ("Freescale") on review for upgrade. These actions follow today's announcement that NXP has signed a definitive agreement to acquire Freescale for about $11.8 billion in NXP shares and cash. NXP expects the acquisition to close in the second half of calendar year 2015.

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