Why Texas Instruments' acquisition of National Semiconductor is good news for India
Wednesday, 6th April 2011
Texas Instruments' acquisition of National Semiconductor could bring about a turnaround in the fortunes of National Semiconductor in India where it has a small presence.
TI could move National Semiconductor's global workforce and work to India, say industry analysts.
On Monday, Texas Instruments (TI) made a global announcement to acquire National Semiconductor for $6.5 billion.
Globally, National Semiconductors is a large player but its India subsidiary has barely 200 people in its 14,000 sq ft facility in Bangalore.
Publication : Hindu Business Line