"Demand from industrial markets was especially strong, while consumer demand cooled, impacting markets such as computing and televisions," said TI CEO Rich Templeton.
TI 3Q earnings up 60 pct, sees slowdown in 4Q →
"This acquisition is about strength and growth," Templeton said in a statement. "National has an excellent development team, and its products combined with our own can offer customers an analog portfolio of unmatched depth and breadth."
Texas Instruments buying National Semiconductor →