2011/04/04

Another One Bites the Dust: National Semi

According to a story in the Wall Street Journal, TI plans to acquire National Semiconductor for US$6.5B

Texas Instruments said it will buy National Semiconductor for about $6.5 billion in cash, combining two analog semiconductor companies and continuing a trend of acquisitions in the industry.

I guess that someone has a lot of cash to throw around.  Seriously, though, it's a bit sad to see National Semi being swallowed up. Anyway, here's the press release from TI.  Not that it matters, but I was at a meeting down by the National Semiconductor HQ, this morning, and I had kind thoughts as I drove past.


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