On Semiconductor to Acquire Synaptics for $7 Billion
4 day ago / Read about 0 minute
Author:小编   

On Semiconductor announced on Thursday that it will acquire Synaptics in an all-stock transaction valued at $7 billion, marking its largest acquisition to date. The move aims to expand its market share in artificial intelligence devices and the 'physical AI' sector. Under the agreement, Synaptics shareholders will receive 1.35 shares of On Semiconductor common stock for each share they own, representing a 19% premium. The transaction is expected to close by mid-2027, with the combined company's potential market size increasing to $243 billion and annual synergies estimated at approximately $200 million.