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jimcondon
I often feel rumors like this are generated by writers trying to fill space. Too ...
GREAT-Terry
Why the rumor comes up? I think TI is doing very well in OMAP business and they ...
TI says OMAP not for sale
Dylan McGrath
8/17/2011 3:40 PM EDT
SAN FRANCISCO—Texas Instruments Inc. said Wednesday (Aug. 17) that its OMAP multimedia applications processor line is not for sale, contrary to widely circulated rumors.
A spokesperson for TI said via email that the company is aware of speculation in the press about the sale of the OMAP business and wanted to set the record straight. Rumors about the potential sale of the company's OMAP division are inaccurate, the spokesperson said.
"To be clear, these are rumors, plain and simple," the spokesperson said. "They are not true, and were not started by TI. TI remains committed to our core wireless business, which encompasses the OMAP applications processors and wireless connectivity solutions. And, we are committed to helping our customers succeed in the marketplace."
Rumors have been circulating for several weeks that TI was considering the sale of its OMAP division. Rumored suitors for the OMAP division included Broadcom Corp. and Advanced Micro Devices Inc. Last week, Will Strauss, principle analyst at market research firm Forward Concepts Inc., speculated that even Intel Corp. might be a potential fit for the ARM-based OMAP line.
TI previously declined to comment on the rumors, citing long-standing company policy not to comment on rumors or speculation about mergers, acquisitions or divestitures.
A spokesperson for TI said via email that the company is aware of speculation in the press about the sale of the OMAP business and wanted to set the record straight. Rumors about the potential sale of the company's OMAP division are inaccurate, the spokesperson said.
"To be clear, these are rumors, plain and simple," the spokesperson said. "They are not true, and were not started by TI. TI remains committed to our core wireless business, which encompasses the OMAP applications processors and wireless connectivity solutions. And, we are committed to helping our customers succeed in the marketplace."
Rumors have been circulating for several weeks that TI was considering the sale of its OMAP division. Rumored suitors for the OMAP division included Broadcom Corp. and Advanced Micro Devices Inc. Last week, Will Strauss, principle analyst at market research firm Forward Concepts Inc., speculated that even Intel Corp. might be a potential fit for the ARM-based OMAP line.
TI previously declined to comment on the rumors, citing long-standing company policy not to comment on rumors or speculation about mergers, acquisitions or divestitures.
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Luis Sanchez
8/17/2011 5:11 PM EDT
Interesting to read about Texas Instruments. Their OMAP line must be on the sight of some since multimedia is gaining a lot of demand. OMAP processors are ARM based which means they are low power consumers and can handle the Video and audio applications that the market is needing.
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Goffers
8/17/2011 6:49 PM EDT
It's not long since TI were proudly announcing that they were lead developer for the up-coming ARM Cortex-A15, which was to be the basis of the next generation, OMAP5, of their SOC.To sell OMAP would be a sudden change of heart. I can't see Intel being interested in OMAP other than to try to wipe the floor with it and its cousins from Qualcomm, nVidia,Samsung, Apple, etc.
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Matt@MBC
8/17/2011 8:26 PM EDT
Intel has already bought Infenion which has Gold ARM based application processor. Intel must focus in Atom to bring cost and pwoer down. ARM solution is not the best tactical approach now. If they do all business may have to move from ARM based system. Motorola is not a semiconductor company and can not support application processor long time. Qualcomm has a better solution. So only comanies left are Broadcom, SG, AMD.
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CurtK
8/18/2011 6:55 AM EDT
By acquiring Motorola google has made a point & its going to compete with apple iPhone. And for strong hold in the market, they need to have a complete SOC+platform solution of their own. So there are chances that google can bid for TIs WIRELESS/OMAP in near future.
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kingrexone
8/18/2011 12:58 PM EDT
TRANSLATION: Sudden change of heart. When Google sneeze, IDM's get's COLD feet and start having foot and mouth disease.
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Charles.Desassure
8/19/2011 4:31 PM EDT
Thanks for this article. I strongly support Texas Instruments Inc. management team decision on this one. Sometime is it better to stand still and just wait. Let Google and the others do their thing right now.
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GREAT-Terry
8/23/2011 10:49 AM EDT
Why the rumor comes up? I think TI is doing very well in OMAP business and they surely is the leader. BTW, who can have the money to buy off the OMAP business in such bad economic climate?
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jimcondon
8/23/2011 9:34 PM EDT
I often feel rumors like this are generated by writers trying to fill space. Too many times I've seen writer do a "what-if" article which morphs into an industry rumor. It feels like articles from sports writers who talk about trades that they think would make sense, not that have a chance of happening.
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