Dylan McGrath, EETimes
8/17/2011 3:40 PM EDT
SAN FRANCISCO—Texas Instruments Inc. said Wednesday (Aug. 17) that its OMAP multimedia applications processor line is not for sale, contrary to widely circulated rumors.
A spokesperson for TI said via email that the company is aware of speculation in the press about the sale of the OMAP business and wanted to set the record straight. Rumors about the potential sale of the company's OMAP division are inaccurate, the spokesperson said.