Onsemi agrees $7 billion all-stock acquisition of Synaptics
Onsemi agreed to acquire Synaptics in an all-stock deal valuing Synaptics at USD 7 billion including debt, according to Telecompaper.
TL;DR
- Onsemi agreed to buy Synaptics in an all-stock transaction.
- The deal values Synaptics at USD 7 billion including debt.
- Telecompaper said On Semiconductor announced the agreement.
Onsemi, also known as On Semiconductor, announced an agreement to acquire Synaptics. Telecompaper reported that the transaction is structured as an all-stock deal.
The agreement values Synaptics at USD 7 billion including debt. The source did not provide further transaction terms in the material supplied.
Telecompaper said the acquisition is intended to expand in edge AI. The source excerpt did not include a closing date, regulatory details, or integration timeline.
Related questions
- What is the stated value of Onsemi's acquisition of Synaptics?
- How is Onsemi structuring the Synaptics transaction?
- What reason did Telecompaper give for the Synaptics acquisition?
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