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Texas Instruments Tipped As Chip Industry's Next Consolidator


Ron Burgundy
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By Liana B. Baker NEW YORK (Reuters) - Texas Instruments Inc (TI) could be gearing up to make the next big deal in what has already been a record-breaking year for semiconductor M&A, industry bankers and analysts said. The Dallas, Texas-based chipmaker, which has a market capitalization of $56 billion, has so far stayed on the sidelines as peers Intel Corp , Avago Technologies Ltd and NXP Semiconductors NV made acquisitions worth tens of billions of dollars earlier this year. TI is looking for large acquisitions as well, according to people familiar with the matter.

 

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