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Tuesday, 05 April 2011 10:57

TI to acquire National Semiconductor

Written by Fudzilla staff


For $6.5 billion, cash
Texas Instruments announced plans to acquire National Semiconductor at a cost of $6.5 billion.

Under the terms of the agreement, TI will pay $25 per share in an all-cash transaction, practically transforming National Semiconductor into a branch of Texas Instruments.

TI Chairman Rich Templeton stressed that the acquisition is all about strength and growth. He praised National’s development team and products, noting that it will allow TI to offer an unmatched analog product portfolio.

National Semiconductor CEO Don Maclead said that the companies will complement each other very well and that TI’s product portfolio and sales force will enhance National’s profitable analog capability, particularly in the power management sector.

Fudzilla staff

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Comments  

 
+9 #1 dineaudio 2011-04-05 14:40
Another merger is never a good news. On another note, all we hear is merging, how about splitting for a change? Splitting makes the prices go down and mergers make the prices go up. ;)
 
 
+2 #2 Xyllian 2011-04-05 18:32
Quoting dineaudio:
Another merger is never a good news. On another note, all we hear is merging, how about splitting for a change? Splitting makes the prices go down and mergers make the prices go up. ;)

Really? i think paying $150 for a calculator is inzanely high as it is, any more and ill be a sad panda.
 
 
+1 #3 FSDetaineD 2011-04-05 20:48
Quoting Xyllian:
Quoting dineaudio:
Another merger is never a good news. On another note, all we hear is merging, how about splitting for a change? Splitting makes the prices go down and mergers make the prices go up. ;)

Really? i think paying $150 for a calculator is inzanely high as it is, any more and ill be a sad panda.

I hope this is a joke... TI is the 4th largest semiconductor manufacturer and you're talking about they're calculator prices? They may have invented the first handheld calculator but there's much, much, more to the company than that.
 
 
+2 #4 loadwick 2011-04-05 22:46
AMD split up Global Foundry fairly recently.
 

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