Texas Instruments/National Semiconductor
On April 4, 2011, Texas Instruments (NYSE: TXN) and National Semiconductor (NYSE: NSM) entered into an agreement whereby Texas Instruments will acquire National Semiconductor for $25 per share in cash, or total consideration of $6.5 billion.
Upon close of the transaction, National Semiconductor becomes part of Texas Instruments' analog segment, and sales of analog semiconductors will represent almost 50 percent of TI's revenue.
The transaction is expected to close in six to nine months.
Upon close of the transaction, National Semiconductor becomes part of Texas Instruments' analog segment, and sales of analog semiconductors will represent almost 50 percent of TI's revenue.
The transaction is expected to close in six to nine months.
