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Texas Instruments to buy chip designer Silicon Laboratories in $7.5 billion deal

Feb 4 (Reuters) - Texas Instruments TXN.O on Wednesday agreed to buy chip designer Silicon Laboratories SLAB.O in a deal valued at $7.5 billion, expanding its footprint in wireless connectivity chips used for industrial and consumer applications.

 (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shilpi Majumdar)

 ((HarshitaMary.Varghese@thomsonreuters.com;))

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