September 25, 2011 04:49 am EDT

Texas Instruments wraps up purchase of National Semiconductor

In April, Texas Instruments announced its intention to snatch up National Semiconductor for a cool $6.5 billion. Now, almost six months later, the acquisition is complete and TI can tack another few percentage points on to its already market-leading chunk of the analog chip market. At least for now, National will operate as a branch of TI's analog division, which now accounts for over 50-percent of the company's revenue, and keep its (reasonably) well known brand name alive. For a few more details on the deal, check out the PR after the break.

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Texas Instruments wraps up purchase of National Semiconductor originally appeared on Engadget on Sun, 25 Sep 2011 00:49:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2011/09/25/texas-instruments-wraps-up-purchase-of-national-semiconductor/

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