Analog Devices has entered into a definitive agreement to acquire privately-held Integrant Technologies of Seoul, Korea.

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An innovator in the field of high-performance analog circuits designed for reconfigurable radio frequency (RF) signal processing, Integrant (78 employees) supplies low-power radio tuners that allow mobile communications, computer, and consumer devices to receive digital television (TV) and digital radio broadcasts. Integrant is best known for the low-power Digital Multimedia Broadcast (DMB) tuners it supplies to Korea's leading mobile phone manufacturers. ADI expects to pay approximately $127 million in cash at the closing in exchange for substantially all of the outstanding shares of Integrant. ADI may pay up to an additional $33 million upon the achievement of certain milestones.

Spansion said it plans to spend $1.2 billion to build a new flash memory production line in Japan. First output is expected by mid-2008.The new line is expected to have the capacity to process up to 20,000 300-mm wafers a month and will be Spansion's first 300-mm line.

Texas Instruments unveiled details of a 45 nm semiconductor manufacturing process that leverages a "wet" lithography process to double the number of chips produced on each silicon wafer, increasing performance by 30 percent while reducing power consumption 40 percent. TI's 45-nm process will be manufactured on 300-mm wafers in the DMOS6 facility in Dallas, Texas. The low-power ASIC design library will be available by the end of this year, with samples of the first SoC product delivered in 2007 and initial production in mid-2008.

Raza Microelectronics and AMD have entered into a broad strategic relationship. RMI will acquire the MIPS-based AMD Alchemy processor product line and operations from AMD, and AMD will become an investor in RMI. Raza Microelectronics is a fabless semiconductor company with more than 150 employees. The company offers a portfolio of solutions, led by the XLR(TM) Processor family -- a power-efficient solution optimized for embedded communications and networking applications -- and solutions for the next-generation Information Infrastructure. The company is headquartered in Cupertino, Calif. with subsidiaries in Beijing and Shenzhen, China, Tokyo, Japan and Bangalore, India.

Wafer manufacturer Sumco announced that it has reached an agreement with Komatsu to acquire a 51% stake in its silicon wafer subsidiary, Komatsu Electronic Metals for ¥36.9 billion (about $320.4 million U.S.). The acquisition will make Sumco similar in size to top wafer supplier Shin-Etsu Handotai.

Sumco had net sales of ¥1.702 trillion ($15.035 billion U.S.) in fiscal year ended Mar. 31, 2006. Komatsu Electronic Metals (KEM) had net sales of ¥86.6 billion ($765 million) over the same period.

National Semiconductor reported annual revenues of $2.16 billion compared to $1.91 billion in FY05 and $1.98 billion for FY04. For fiscal 2006, the company reported net income of $449.2 million. This compares to the $415.3 million net profit reported for FY2005 and the $282.8 million net profit reported for FY2004.