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

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

Polk Audio 4 Shot headset

Sound quality and design are two of the biggest areas of focus for manufacturers when coming up with a new gaming headset. Depending o ...

Patriot Supersonic Phoenix USB 3.0 drive

USB thumb drives aren't the end all solutions for data transfer and traveling needs. Sometimes people want something with a little mor ...

Sponsor

toggle

Most Commented

 
toggle

Popular News