Conexant Systems

Conexant Systems, Inc. is an American semiconductor company, formerly the semiconductor division of Rockwell International. Currently it's privately owned by Golden Gate Capital, an equity firm headquartered in San Francisco. Conexant was launched as an independent entity in January 1999 after Rockwell International Corp. spun off its Rockwell Semiconductor business to shareowners. Since its inception, Conexant has spun off several standalone businesses to create new companies including Jazz Semiconductor (March 2002 - private), Skyworks Solutions (June 2002 - public), Mindspeed Technologies (June 2003 - public). Recent divestitures include selling its Broadband Access business to Ikanos Communications in August 2009 and its Broadband Media Processing business to NXP Semiconductors in August 2008