Earlier this month Hardware Canucks reported on a rumor that Texas Instruments was planning to sell off their ARM/OMAP division. The source of this news was the tech blog Semi Accurate, which has an elaborate network of well-placed sources through the industry. Their posted rumors often have good authority.

Now the rumor-monger is reporting that Broadcom is interested in purchasing TI’s OMAP arm, and an officially announced deal is right around the corner:

The short story is that Broadcom is taking a long hard look at TI’s OMAP arm, and that deal makes a good bit of sense for a number of reasons. For Broadcom, it would put them in the top tier of ARM players, and allow TI to get back to doing what they do best. That leaves two questions, is it worth the price, and what is the OMAP division?

This would be a logical acquisition for Broadcom, as it fits nicely within their other offerings. But what about the other suitors that were supposedly lining up to make that buy, such as Intel, AMD, or NVIDIA. TI is lips-sealed until a merger deal is inked, so I guess we will have to wait for official word until then.