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National Semiconductor Acquired By Texas Instruments
Santa Clara-based
National Semiconductor
is being acquired by
Texas Instruments
in a $6.5 billion, all cash deal, the firms said Monday afternoon. The two said that National Semiconductor's shareholders will receive $25 in cash for each of their shares. TI had $6.0 billion in analog revenues in 2010, with National with $1.6 billion in revenues. The firms said that National's headquarters will remain in Santa Clara after the deal.
posted on Monday, April 4, 2011
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