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

Advertisement

Recent Reviews

Linksys WRT1200AC Wi-Fi Router

Once upon a time, a brand-new Linksys router showed up on our doorstep. So we gathered some network-minded friends together, and hooke ...

Rapoo A300 Mini Bluetooth NFC Speaker

The Rapoo Bluetooth Mini NFC Speaker is a little metallic box about the size of a baseball. In spite of its small size, we were very p ...

Neurio Intelligent Home Monitor

The recently released Neurio Intelligent Home Monitor is a piece of hardware that, when integrated into a home's breaker box, monitors ...

Advertisement

toggle

Most Commented

 
toggle

Popular News