Eindhoven, the Netherlands, June 14, 2011. NXP Semiconductors N.V. (NASDAQ: NXPI) provides an update on the timing of the closing of the Sound Solutions transaction.

As previously announced, NXP Semiconductors N.V. and Dover Corporation (NYSE: DOV) signed a definitive agreement in December 2010 pursuant to which Dover will acquire the Sound Solutions business of NXP Semiconductors N.V. for approximately $855 million. Today, NXP announced that antitrust regulatory approval of the transaction, which was a key closing condition, has been received. Final closing of the transaction is expected to occur early July, 2011.

About NXP

NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.4 billion in 2010.