Bart Schachter was vice-president of corporate business development and mergers and acquisitions at National, the division incorporating corporate venturing, from 2009 to its merger with chip peer Texas Instruments.

Bart Schachter (pictured), head of US-based chip maker National Semiconductor’s corporate venturing unit, has left following its parent’s acquisition by peer Texas Instruments (TI) for $6.5bn, which completed in September.

Schachter was vice-president of corporate business development and mergers and acquisitions at National, the division incorporating corporate venturing, from 2009. He still runs Blueprint Ventures, an independent firm buying spin-outs from corporations he set up in 1999 after leaving chip maker Intel’s corporate venturing unit.

Schachter said while TI was…