Report: Texas Instruments Incorporated Might Do Big Deal

Texas Instruments Incorporated TXN might be in the market for a big acquisition, according to a report by Reuters Friday. http://uk.reuters.com/article/2015/06/19/us-texasinstruments-deals-idUKKBN0OZ2B220150619 QUALCOMM, Inc. QCOM may also do a substantial deal to boost its data center and cloud operations, Reuters reported. Dallas-based Texas Instruments, with a market capitalization of $56.88 billion last year unsuccessfully sought to acquire Maxim Integrated Products Inc. MXIM, which has a market capitalization of about $10 billion according to Reuters. Texas Instruments also kicked the tires at Freescale Semiconductor Ltd FSL, which agreed in March to be acquired for $11.8 billion by NXP Semiconductors NV NXPI. Reuters reported earlier this month that Texas Instruments, along with other big semiconductor companies, want to boost operations in micro-controllers used in car engines or implanted medical devices. http://uk.reuters.com/article/2015/06/08/us-tech-semiconductors-m-a-idUKM1KBN0OO12F20150608 Buyout candidates in that field include Atmel Corporation ATML and Renesas Electronics Corp RNECY, Reuters said. On Friday, the news service expanded its list of companies that Texas Instruments might acquire to include Analog Devices, Inc. ADI, Linear Technology Corporation LLTC, Microchip Technology Inc.MCHP and Intersil Corp ISIL. Reuters cited industry bankers and analysts for its report. Mergers in the semiconductor so far this year have topped $79.7 billion, already higher than every full-year period on record other than 2000, Reuters said.
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