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===National Semiconductor acquisition=== On April 4, 2011, Texas Instruments announced that it had agreed to buy [[National Semiconductor]] for $6.5 billion in cash. TI paid $25 per share of National Semiconductor stock, which was an 80% premium over the share price of $14.07 as of April 4, 2011, close. The deal made TI the world's largest maker of analog technology components.<ref name=BbBw2011>{{cite news |title=Texas Instruments Bets Sales Army Can Spur National's Growth |author1=Ian King |author2=Joseph Galante |author3=Diane Anderson |editor2=Nick Turner |editor1=Tom Giles |date=April 5, 2011 |access-date=April 6, 2011 |url=http://www.businessweek.com/news/2011-04-05/texas-instruments-bets-sales-army-can-spur-national-s-growth.html |publisher=[[Bloomberg L.P.|Bloomberg]] |newspaper=[[Bloomberg Businessweek]] |oclc=42637019 |url-status=dead |archive-url=https://web.archive.org/web/20110407145617/http://www.businessweek.com/news/2011-04-05/texas-instruments-bets-sales-army-can-spur-national-s-growth.html |archive-date=April 7, 2011 |df=mdy-all }}</ref><ref>{{Cite news|url=https://money.cnn.com/2011/04/04/technology/texas_instruments_national_semiconductor_deal/index.htm?hpt=T2|title=Texas Instruments to buy National Semiconductor for $6.5 billion|author=Ken Sweet|publisher=CNN|date=April 4, 2011|url-status=live|archive-url=https://web.archive.org/web/20110407133227/http://money.cnn.com/2011/04/04/technology/texas_instruments_national_semiconductor_deal/index.htm?hpt=T2|archive-date=April 7, 2011|df=mdy-all}}</ref><ref>{{cite press release |publisher=National Semiconductor |date=April 4, 2011 |access-date=April 6, 2011 |title=TI to acquire National Semiconductor: Complementary portfolios are foundation for growth |url=http://national.transactionannouncement.com/docs/TI_to_Acquire_National_Semiconductor.pdf |url-status=dead |archive-url=https://web.archive.org/web/20110409054111/http://national.transactionannouncement.com/docs/TI_to_Acquire_National_Semiconductor.pdf |archive-date=April 9, 2011 |df=mdy-all }}</ref><ref>{{cite web |url=http://www.ti.com/ww/en/acquire/index.shtml |title=TI to Acquire National Semiconductor |work=ti.com |publisher=Texas Instruments Incorporated |access-date=April 6, 2011 |url-status=live |archive-url=https://web.archive.org/web/20110407083037/http://www.ti.com/ww/en/acquire/index.shtml |archive-date=April 7, 2011 |df=mdy-all }}</ref><ref>{{cite news |title = Texas Instruments buying National Semiconductor |author = Jordan Robertson |url = https://finance.yahoo.com/news/Texas-Instruments-buying-apf-3688753258.html |agency = Associated Press |work = Yahoo! Finance |date = April 4, 2011 |access-date = April 6, 2011 |url-status = dead |archive-url = https://web.archive.org/web/20110407162408/http://finance.yahoo.com/news/Texas-Instruments-buying-apf-3688753258.html |archive-date = April 7, 2011 |df = mdy-all }}</ref> <!-- On September 19, 2011, the Chinese minister approved the merger, the last approval required -->The companies formally merged on September 23, 2011.<ref>{{cite web|url=http://newscenter.ti.com/Blogs/newsroom/archive/2011/09/23/texas-instruments-completes-acquisition-of-national-semiconductor-813808.aspx |title=Texas Instruments completes acquisition of National Semiconductor |publisher=Texas Instruments |access-date=October 12, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20111001233042/http://newscenter.ti.com/Blogs/newsroom/archive/2011/09/23/texas-instruments-completes-acquisition-of-national-semiconductor-813808.aspx |archive-date=October 1, 2011 }}</ref>
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