Industry News
TI to Buy National Semiconductor
Texas Instruments (TI) plans to purchase fellow analog chipmaker National Semiconductor for $6.5 billion. According to TI’s CEO, the acquisition is about strength and growth. National Semiconductor has an excellent development team, and its products combined with TI’s products will offer customers an analog portfolio of unmatched depth and breath. National’s portfolio will add 12,000 products to TI’s existing 30,000. Combined, the two could capture 17 to 18 percent market share.