Texas Instruments(TI) to buy National Semiconductor for $6.5 billion


The Wall Street Journal is reporting that TI intends to buy National Semiconductor for $6.5 billion, $25/share. These two semiconductor firms are analog semiconductor powerhouses with large businesses in non-analog markets as well. TI says that this move will immediately grow National’s sales team by 10x.

The article also states that TI has pulled out of the recession with a sharp rebound in orders while National Semi has not done as well. This apparently created a big acquisition opportunity for TI.

The bid's hefty premium casts light on a large but unglamorous semiconductor business—chips based on analog technology and used for such duties as amplifying radio signals in cellphones and managing power consumption in computers.

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Kubing said on April 17, 2011 at 7:42 AM

why not microchip do this in the first place.. :)

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