TI TO ACQUIRE BURR-BROWN CHIP MAKERS.Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. will acquire chip manufacturer Burr-Brown Corp. for $7.6 billion, the largest ever acquisition for the Texas company. Burr-Brown manufactures analog chips An analog chip is a set of miniature electronic analog circuits formed on a single piece of semiconductor material. The circuits in analog chips operate with voltage and current varying in a continuous fashion; in contrast, digital chips only use and create voltages used in the manufacture of hand-held computers Noun 1. hand-held computer - a portable battery-powered computer small enough to be carried in your pocket hand-held microcomputer portable computer - a personal computer that can easily be carried by hand , DVD players, and camcorders, and is a leader in the technology used in high-speed communications. The chip maker has extensive technology in the manufacture of chips for the conversion of analog signals to digital, the so-called converter chip, as well as in amplifier chips, used to strengthen low-level signals. The acquisition will thrust TI into the number 2 position in the market for data converter Noun 1. data converter - converter for changing information from one code to another computer, computing device, computing machine, data processor, electronic computer, information processing system - a machine for performing calculations automatically chips and number 3 for amplifier chips. The acquisition will involve 7.6 billion in TI stock or $113 in stock for each Burr-Brown share, subject to shareholder approval to be accomplished by Sept. 2000. It represents the third such acquisition by TI in the last 12 months during which period TI had acquired Unitrode Corp. (analog-power control chips) and Power Trends (digital signal processor A digital signal processor (DSP) is a specialized microprocessor designed specifically for digital signal processing, generally in real-time computing. Characteristics of typical Digital Signal Processors
The acquisition will allow TI to round out its own analog product line, and dramatically expand its ability to market analog chips. TI will also have access to a substantial group of Burr-Brown Corp. chip designers for future development in this technology market. |
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