Onsemi to buy Synaptics in $7 billion all-stock deal
Synaptics shareholders will receive 1.350 On Semiconductor shares per share as the chipmaker expands into AI-enabled devices and physical AI, Reuters said.
- On Semiconductor agreed to acquire Synaptics in a nearly $7 billion all-stock deal, marking the company's largest acquisition to date and bolstering its push into physical artificial intelligence technology.
- Technology companies are increasingly acquiring startups to strengthen AI capabilities; Qualcomm recently purchased Modular for software development, while Salesforce acquired Fin for about $3.6 billion this month.
- The Arizona-based company expects the merger to boost its total addressable market by $30 billion to $243 billion by 2030. Shares of Semiconductor fell about 6%, while Synaptics rallied about 13%.
- Synaptics shareholders will receive 1.350 shares of Semiconductor common stock for each share held, and the acquisition includes the addition of a Synaptics board member to the company.
- Expected to close in mid-2027, the deal will be discussed by Semiconductor CEO Hassane El-Khoury on CNBC at 9:45 a.m. ET on Friday. The interview will provide additional context on the acquisition.
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Here's Why ON Semiconductor Stock Crashed Hard Today
Key PointsON Semiconductor announced an all-stock acquisition of Synaptics, valued at $7 billion, and the stock dropped over 23% following the announcement, reflecting investor concerns. The deal aims to integrate power, sensing, and connected computing for edge AI applications. 10 stocks we like better than ON Semiconductor › Investors in ON Semiconductor (NASDAQ: ON), or onsemi, went to sleep last night thinking they were holding a power and s…
ON Semiconductor has agreed to buy Internet of Things (IoT) company Synaptics as it seeks to bring artificial intelligence from data centers to the physical world. Wall Street was not impressed. Exclusive content for subscribers. For full access, follow the link to the article and register.
Synaptics To Be Acquired By Onsemi
June 26, 2026, Scottsdale, Ariz — onsemi and Synaptics Incorporated have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an approximately 19 per cent premium to the volume weighted …
Onsemi agrees to acquire Synaptics in US$7 billion all-stock deal
Onsemi has agreed to buy Synaptics in an all-stock transaction valued at about US$7 billion, a deal that could reshape the edge AI landscape across automotive, industrial, and connected devices. If completed, the merger aims to broaden global access to intelligent systems, software, and wireless technology.
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