Texas Instruments to buy National Semiconductor
Texas Instruments Inc. is buying National Semiconductor for $6.5 billion US in a marriage of two of the world's premier makers of analog chips, which are widely used in electronics to transform signals such as sound into digital form that computers can understand.
Texas Instruments Incorporated and National Semiconductor have announced they have signed a definitive agreement under which TI will acquire National for $25 per share in an all-cash transaction of about $6.5 billion.