National Semiconductor to be Bought by Texas Instruments

Texas Instruments, who really shouldn’t need an introduction, announced Monday that, should it clear regulations and such, it will be purchasing National Semiconductor for $6.5 billion in cash. TI plans to have NS join their analog semiconductor department. Analog semiconductors are used in most PCs, cell phones, and the like to turn an analog signal into a digital signal. The acquisition is expected to be complete in six to nine months. Read here for a little more detail.