Some of the mega-buyouts that private equity shops labored to assemble during the go-go years of the credit boom are coming apart at the seams.

Some of the mega-buyouts that private equity shops labored to assemble during the go-go years of the credit boom are coming apart at the seams.

Freescale Semiconductor said it was exploring strategic options for its cellphone chip business and intends to complete a sale or joint venture in the coming months.

Freescale Semiconductor is expected to announce that it will join with several venture capital firms to spin off a unit that focuses on a newer kind of computer memory.