Tuesday, April 5, 2011

Texas Instruments to Acquire National Semiconductor

Combination to strengthen analog portfolio and customer support, Texas Instruments has signed a definitive agreement to purchase National Semiconductor in an all-cash transaction of about $6.5 billion. This merger will unite two industry leaders who have a common commitment to solving your analog needs. Both companies will operate independently pending close of the acquisition which is expected to take six to nine months. National's 12,000 products plus TI's 30,000 means more performance, power and packaging options when selecting the right ICs for your application. HK Snob

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