News of Texas Instruments picking up a $6.5 billion tab for National Semiconductor has made headlines around the world, where it will see the marriage of two of the world’s premier manufacturers of analog chips, and hopefully this alliance would bode well for the rest of mankind. National Semiconductor has a glorious history of over half a century and is famous for their power-management chips, forking out $25 per share in an all-cash transaction. This is a 78% premium over National Semiconductor’s stock price before the deal was announced. According to TI, the analog business will continue to grow to around 50% of the company’s overall revenue. Good luck with the merger, and we hope that us consumers will be the ones who benefit most from this merger.
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