A few weeks ago, we told you that Texas Instruments was trying to sell off their OMAP division. (NYSE:TXN) We now have a name to go with the news, Broadcom (NASDAQ:BRCM).
The short story is that Broadcom is taking a long hard look at TI’s OMAP arm, and that deal makes a good bit of sense for a number of reasons. For Broadcom, it would put them in the top tier of ARM players, and allow TI to get back to doing what they do best. That leaves two questions, is it worth the price, and what is the OMAP division?
Price is easy, and that is Broadcom’s decision. What constitutes OMAP, and how you peel the other ARM, software, compiler, and related IP tendrils from the rest of TI is a thornier question. What goes, what stays, and what it is all worth were the topics of discussion when SemiAccurate’s moles last poked their noses into the talks.
While we do know that Broadcom is a definite suitor for OMAP, we have also heard that there are others. As we detailed earlier, there are many other companies that would like OMAP under their corporate umbrella, but they will have to answer the same questions. Time will tell who, if any, take home the golden DSP award for best SoC.S|A
Updated August 19th, 2011 6pm
Texas Instruments contacted S|A today and provided the following statement:
“We’re aware of recent speculation in the press about the sale of our OMAP business, and want to set the record straight. To be clear, these are rumors, plain and simple. 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.”
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