TI buys National Semiconductor

[SY]

Hmmm, who's next? Analog?

[DigitalJunkie]

TI buys National Semiconductor for $6.5 billion - Computerworld

[theAnonymous1]

Just received this email, as I'm sure many others have as well.....

Dear valued customer,

I am excited to let you know that TI has signed a definitive agreement to purchase National Semiconductor, uniting two industry leaders that have a common commitment to solving your analog needs. I want to reinforce TI's commitment to you, our customer, as we merge our two companies.

This acquisition will allow us to address your analog needs with a product portfolio of unmatched breadth and depth. National's 12,000 products plus TI's 30,000 means more performance, power and packaging options when selecting the right ICs for your application. And we'll provide a common set of best-in-class online tools to make the selection and design process easier.

Our combined sales and applications team of 2,500 will be larger than any in the industry so we can provide more customers with greater face-to-face support than ever before.

Our manufacturing operations will offer more capacity to support your growth. TI's fabs and National's available capacity can enable higher production levels.

While both companies will operate independently pending the close, our goal thereafter is to make the integration process as seamless as possible. No requalification of products will be necessary since National's manufacturing sites will continue to be utilized. Part numbers from both companies will remain the same. There will be no obsolescence of products.

I'm excited about what the integration of our two companies will mean for you: an unmatched portfolio to meet your analog needs, an extensive sales and applications network to ease the design process, and manufacturing capacity to support your growth.

You can learn more about the acquisition at TI to acquire National Semiconductor ? What this means for customers, including answers to frequently asked questions and video messages from TI leaders regarding the acquisition.

Thank you for choosing TI. I look forward to a great future together.

Best regards,

Rich Templeton
Chairman, President and CEO
Texas Instruments

[theAnonymous1]

Oops, sorry for the double thread. Seems I was beat to it in the Everything Else forum. A mod can delete this thread.

[pinkmouse]

Nah, no need for deletion, I have a merge threads button.

[tomchr]

Well.... It'll take a while for all the anti-trust and FTC paperwork to trickle through. Nice $10 jump in after-hours trading of National Semiconductor stock, though...

[indianajo]

Another fallen flag. TI is the employer of the guys inventing the IC. Fairchild Camera sold some of the first linear IC's. National is the purchaser of the formerly bankrupt Fairchild Semi.
I've bought parts from all three over the years.

[eclectic2k]

Originally Posted by theAnonymous1

Just received this email, as I'm sure many others have as well.....

yup. Work and home email.
I find it quite mind boggling really. I'm truly surprised... (or I just had not been paying attention to the market lately)

I guess you can now talk about LM4562 and OPA2134 with only one rep

"There will be no obsolescence of products." -- but it does make you wonder what the long term will hold...

[theAnonymous1]

Well, if National Instruments was in trouble, I can't think of a better company to take them over.

I guess it's not that big of a surprise considering the layoffs that happened at NI 2 years ago and todays fragile economy.

[tomchr]

Originally Posted by theAnonymous1

Well, if National Instruments was in trouble, I can't think of a better company to take them over.

National Semiconductor (NSC) not National Instruments (NI).

~Tom