TI buys National Semiconductor for $6.5B
Posted: Tue Apr 05, 2011 10:27 am
Computer World
Wow, this is pretty big! I've used NI chips in so many things.Texas Instruments announced on Monday that it has agreed to acquire National Semiconductor for $6.5 billion in an all-cash transaction.
TI, which makes low-power chips, said it would combine its 30,000 analog products and advanced manufacturing capabilities with the offerings of National Semiconductor, which makes analog integrated circuits.
National will bring 12,000 analog products to the joint product portfolio. On the close of the deal, National will become a part of TI's analog segment. Sales of analog semiconductors will represent almost 50% of TI's revenue, the companies said in a joint statement.
Analog semiconductors convert analog data into digital signals in smartphones, PCs and many other devices.