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Tuesday, April 5, 2011

Chip makers merging: TI agrees to acquire National Semiconductor

Texas Instruments and National Semiconductor have agreed a merger that’ll see ‘TI’ acquiring ‘National’ in a deal worth around $6.5 billion (almost £4 billion).

TI currently has a portfolio of 30,000 products and represents around 14% of the analogue semiconductor market in terms of revenue, while National has 12,000 products and 3% of the market. The deal is expected to be finalised towards the end of the year.

Rich Templeton, TI’s chairman, president and chief executive officer, said “This acquisition is about strength and growth. National has an excellent development team, and its products combined with our own can offer customers an analog portfolio of unmatched depth and breadth.  In recent years, National’s management team has done an outstanding job of improving margins and streamlining expenses, which upon close will increase TI’s profitability and earnings per share, excluding transaction costs.  Our ability to accelerate National’s growth with our much larger sales force is the foundation of our belief that we can produce strong returns on our investment.  The combined sales team will be 10 times larger than National's is today, and the portfolio will be exposed to more customers in more markets.”

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Opinion Articles

World class, my a**e!

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I recently had to, as a last resort, call the customer service department of a large communications company about a problem I currently have with a piece of equipment. I know I could have looked in the 150-page accompanying instruction manual but I haven't got half my life to spare! (as I mentioned in my previous blog piece on handsets!)

Businesses these days are telling us "Customer service has been outsourced to the Indian subcontinent and technologically streamlined in order to offer our customers a better, more efficient service"!

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Don’t be a not-so-early adopter

Mark Bridge writes:

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Yet Android is catching up. Admittedly it’s still got a long way to go to match that six-figure total… but the signs are certainly there.

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Probably the best Bluetooth headset brand in the world

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I really don’t want to make a habit of pointing at surveys and laughing – or even scratching my head in the kind of theatrical gesture used by Stan Laurel – but I should imagine there was some wry amusement at Strategy Analytics this week.

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Movon MB80 Bluetooth handsfree wristband review

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"Cancer" mobile phone headlines don't help anybody

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