Showing posts with label National Semiconductor. Show all posts
Showing posts with label National Semiconductor. Show all posts

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.