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Amazon (NASDAQ:AMZN) is in negotiations to acquire TI's (NYSE:TXN) cellular-chip operations in a...

Oct. 15, 2012 4:05 AM ETAmazon.com, Inc. (AMZN) StockAMZN, TXN, BKSBy: Yigal Grayeff, SA News Editor9 Comments
Amazon (NASDAQ:AMZN) is in negotiations to acquire TI's (NYSE:TXN) cellular-chip operations in a deal that would be worth billions of dollars, the Calcalist Israeli newspaper reports. TI, whose chips are used in Kindle devices and Barnes & Nobles' (NYSE:BKS) Nooks, has already said it won't invest in supporting its customers' plans for smartphones and tablets to the same extent as previously.

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