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Mergers & Acquisitions

Apr. 6, 2011

Jones Day Advises Texas Instruments Buy

In an after-the-bell deal on Monday, Texas Instruments Inc. announced its acquisition of Santa Clara-based National Semiconductor Corp. for $6.5 billion.


By Robert Pierce


Daily Journal Staff Writer


In an after-the-bell deal on Monday, Texas Instruments Inc. announced its acquisition of Santa Clara-based National Semiconductor Corp for $6.5 billion.


The deal between the two industry leaders in analog semiconductors is expected to close within six months to nine months. Last year, the market for analog semiconductors was $42 billion.


Dallas-based Texas Instruments will pay $25 per share...

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