Printed from http://www.electronista.com

TI to buy out National Semiconductor for $6.5 billion

updated 04:45 pm EDT, Mon April 4, 2011

TI buys National Semiconductor for 6.5b

Texas Instruments late Monday said it was buying out National Semiconductor. The deal, worth $6.5 billion in a straight shares-for-cash deal, was described as mutual and already approved by the boards of both companies. They expected the deal to be cleared by government regulators in six to nine months.

The two were vague on the motivations behind the acquisition. They explained that there would be a larger overall range of chips. National would also get access to a sales presence about 10 times larger than it has today.

Both companies make individual parts, but TI has primarily made whole chips for devices like the BlackBerry PlayBook and LG Optimus 3D. National could help provide more advanced individual components to upgrade its technology.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Epson WorkForce DS-40 scanner

In this day and age, there's a significant amount of pressure to go paperless, and downsize the amount of things that one collects ove ...

Sponsor

toggle

Most Commented

 
toggle

Popular News