A service of Semiconductor Business News, CMP Media Inc. Story posted 1:45 p.m. EST/10:45 a.m., PST, 2/23/99
Acquisitions, new market segments will fuel TI's DSP growth, exec says
By Jennifer L. Baljko Electronic Buyers' News SAN FRANCISCO -- With competition heating up in the analog and digital signal processor (DSP) business, Texas Instruments Inc. plans to maintain its aggressive acquisition run and new product introduction rate to better carve its niche in the sector, a company executive said Monday.
Having pared down its product portfolio and divested its memory chip business last year, TI has focused it chip development around DSP- and analog-centric applications. It has built up this opportunity as a result of recent acquisitions and by putting DSP chips in new market segments, said senior vice president John Scarisbrick at the BancBoston Robertson Stephens technology conference here.
While the company has already added a number of development and software tools through acquisitions of companies such as Go DSP, Spectron and Tartan Labs, the search to further enhance its offerings will continue, he said.
"Wherever we can accelerate the DSP technology is where we will look," Scarisbrick said. "That could include acquisitions in software development tools or new end-equipment markets. The markets we will target with acquisitions are the ones that will be the highest-growth DSP markets."
Part of that strategy includes introducing products in non-traditional DSP sectors, such as printers (see Feb. 22 story). |