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Texas Instruments paid $25 per share of National Semiconductor stock, an 80% premium over the April 4, 2011, closing share price of $14.07. The deal made Texas Instruments one of the world's largest makers of analog technology components. On September 19, 2011, the Chinese minister approved the merger, the last one needed.
TI will include National's contribution to financial performance in the company's third-quarter earnings announcement on October 24. With today's close, TI's Analog semiconductor business now represents more than 50 percent of the company's revenue.
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DALLAS and SANTA CLARA, Calif., April 4, 2011 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) and National Semiconductor (NYSE: NSM) today 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.
NasdaqGS - Nasdaq Real Time Price•USD. Texas Instruments Incorporated (TXN) Follow. 194.60-0.31(-0.16%) As of 1:26 PM EDT. Market Open. 1D. 5D. 3M. 6M. YTD. 1Y. 5Y. All. Key Events. Mountain....
Apr 4, 2011 · Texas Instruments on Monday acquired National Semiconductor for $6.5 billion in a move that creates an analog chip juggernaut. Analog chips feature passive elements that are used for mixed...
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Apr 4, 2011 · Texas Instruments Inc. (TI) and National Semiconductor announced that 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.
