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Texas Instruments (TI) To Acquire National Semiconductors For $6.5 Billion

Question asked by HarshadItaliya in #Coffee Room on Apr 5, 2011
HarshadItaliya
HarshadItaliya · Apr 5, 2011
Rank E2 - BEGINNER
Texas Instruments (TI) - leading Electronics & Semiconductor company has signed a definitive agreement with National Semiconductor (NI) to acquire its business for $6.5 billion in cash. NI is a leader in analog & power management semiconductors. With this acquisition, both companies now aim to strengthen their presence in their own respective domains, offer large array of products to the customers, increase shareholder value and merge into each other culturally & strategically.

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Texas Instruments published a blog post outlining the details of the deal and what it means for their customers. The customers will now have access to 42000 different analog products under single roof. It also means better customer support to the clients of both companies and increased sales-force. Together, these companies will be able to leverage each others manufacturing units and capabilities to offer better and smarter solutions to the customers.

The merger of two leaders in the industry sets new possibilities for both companies & industry. Read the details of acquisition here: TI Acquires NS.

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