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[CNET] TI to buy National Semiconductor for $6.5 Billion

post #1 of 26
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Quote:
Texas Instruments plans to purchase fellow analog chipmaker National Semiconductor for $6.5 billion, the companies announced today.

TI is paying cash for National Semi. Stockholders will get $25 per share, an $11 per share premium over the $14.07 National Semi shares closed at today. Both boards have already approved the deal. There is a "break-up fee" of $200 million.
Source

Never knew / realized TI was that big.

P.S. First news post, let me know if I did anything wrong.
Envy 14
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Envy 14
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post #2 of 26
Wow. Surprising.
    
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post #3 of 26
Expensive...

Edit: Your first post in the news section is just fine my friend. Well done!
X79-GCN
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post #4 of 26
TI is still a HUGE microchip manufacture.
post #5 of 26
Wow. They're getting really big.
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post #6 of 26
Wow. Interesting. I always love national datasheets, TI not so much.
    
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post #7 of 26
Wow that is a HUGE deal. Interesting to see how this plays out.
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post #8 of 26
those backwards texans inventing their fancy new integrated circuits and microchips.
post #9 of 26
Of course there huge. They've been selling the same ti-83 for $99 since I was in 7th grade. That's a 13 years.
    
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post #10 of 26
TI was the 4th largest semiconductor in the world! Maybe this will rank them number 3.
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