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

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Sponsor

toggle

Most Commented

 
toggle

Popular News