Friday, June 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Promises to Stop Reading Your Emails in Gmail
BlackBerry's Software and Services Sales Fell in Q1
Handsets Expected to be Largest Market for ICs
G.SKILL Announces New DDR4 for the Intel X299 HEDT Platform
Toshiba Open to Further Talks With Western Digital About Chip Unit Sale
Foxconn Confirms US Investment Plan
Tesla Could Enter the Music-Streaming Business
Youtube Unveils New VR180 Format
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > TI to A...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 05, 2011
TI to Acquire National Semiconductor


Texas Instruments and National Semiconductor today announced they have signed a definitive agreement under which TI will acquire National for about $6.5 billion.

The acquisition combines two industry leaders in analog semiconductors, each with strengths in delivering products to improve performance and efficiency and convert real-world signals in electronic systems. The boards of directors of both companies have unanimously approved the transaction.

"This acquisition is about strength and growth," said Rich Templeton, TI's chairman, president and chief executive officer. "National has an excellent development team, and its products combined with our own can offer customers an analog portfolio of unmatched depth and breadth. In recent years, National's management team has done an outstanding job of improving margins and streamlining expenses, which upon close will increase TI's profitability and earnings per share, excluding transaction costs. Our ability to accelerate National's growth with our much larger sales force is the foundation of our belief that we can produce strong returns on our investment. The combined sales team will be 10 times larger than National's is today, and the portfolio will be exposed to more customers in more markets."

"Our two companies complement each other very well," said Don Macleod, National's chief executive officer. "TI has much greater scale in the marketplace, with its larger portfolio of products and its large global sales force. This provides a platform to enhance National's strong and highly profitable analog capability, power management in particular, leading to meaningful growth."

Each company has strengths. Among them are the breadth of TI's 30,000 analog products, extensive customer reach, and manufacturing including the world's first 300-millimeter analog factory. National brings a portfolio of 12,000 analog products, a strong position with customers in the industrial power market, and excellent customer design tools. Upon close of the transaction, National becomes part of TI's analog segment, and sales of analog semiconductors will represent almost 50 percent of TI's revenue.

The combined company also will benefit from National's manufacturing operations, located in Maine, Scotland and Malaysia, which TI will continue to operate. Each site has additional capacity to increase production. National's headquarters will remain in Santa Clara, California.

The market for analog semiconductors was $42 billion in 2010. TI is the market leader with 2010 analog revenue of $6.0 billion, or 14 percent of the market. National's revenue in calendar year 2010 was about $1.6 billion, or 3 percent of the market.


Previous
Next
FTC Inverstigation To Target Google's Search Dominance        All News        Google to Bid For Nortel Patents
FTC Inverstigation To Target Google's Search Dominance     General Computing News      Google to Bid For Nortel Patents

Get RSS feed Easy Print E-Mail this Message

Related News
Imagination Says it Has Received Interest Amid Apple Dispute
New Optiarc 5290S-PLUS Writer Drive Overburns 8.5GB DVD+R DL Discs to 8.7GB
Microsoft Used AI to Help Crack Down on Tech Support Scams
Intel Invests in Three AI Companies
Microsoft AI Masters Pac-Man
Creative Targets Audiophiles With New Sound BlasterX AE-5 Gaming Sound Card
LG Establishes New Robotics and AI research Divisions
Verbatim Develops High performance, Fast dissolving, Water Soluble Support Material for 3D Printing
Silicon Motion Showcases New SM2262 SSD Controller at Computex
Konica Minolta and Pioneer Join Forces On OLED Lighting Business
Creator of Android Is Launching the Essential Phone and Essential Hone
Google to Retire the AlphaGo AI Program

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .