Wow. Texas Instruments has signed an agreement to acquire fellow semiconductor manufacturer National Semiconductor for $6.5 billion, or $25 per share, in an all-cash deal. The boards of directors of both companies have unanimously approved the transaction, which is expected close in six to nine months. Santa Clara-based National Semiconductor is a semiconductor manufacturer, specializing in analog devices and subsystems. The company's products include power management circuits, display drivers, audio and operational amplifiers, communication interface products and data conversion solutions. 
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