Zilog was founded in 1974 and became a wholly owned subsidiary of Exxon Corp. by 1980. The company’s management and employees purchased Zilog back from Exxon in 1989. Zilog became a publicly-held company in February, 1991. In March of 1998, Zilog was privatized, as a result of the merger and recapitalization transaction by Texas Pacific Group (TPG). Zilog now produce a range of microcontrollers, microprocessors, and digital signal processors, covering the home entertainment, communications, and embedded systems markets.
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