Report: Texas Instruments Incorporated Might Do Big Deal

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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.
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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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Posted In: NewsRumorsM&AInformation TechnologySemiconductors
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