onsemi to Acquire Synaptics in $7 Billion All-Stock Transaction

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The transaction, which is expected to close in mid-2027, will see Synaptics stockholders receive 1.350 shares of onsemi common stock for each share of Synaptics common stock held. This strategic acquisition aims to accelerate onsemi's evolution into a leading provider of intelligent systems, expanding its capabilities from AI data centers into Physical AI. The combined entity is expected to address additional end markets and enhance its capabilities to become a provider of integrated, system-level solutions across Power, Sense, Connected Compute, and Control.

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About On Semiconductor Corporation

On Semiconductor Corporation, commonly known as onsemi, is a leading semiconductor supplier focused on complete intelligent sensing and energy-efficient solutions. The company provides innovative and reliable products that improve energy efficiency and enable the latest green technologies. onsemi's portfolio includes power management, analog, sensors, connectivity, custom, and system-on-chip (SoC) solutions. It serves a variety of markets, such as automotive, industrial, communications, and consumer electronics. The primary function of onsemi is to enhance the performance and efficiency of electronic products used in everyday life and in critical applications ranging from smart grids to advanced driver-assistance systems (ADAS). With a strong emphasis on research and development, onsemi is dedicated to driving advancements in technology that facilitate cleaner energy consumption and smarter electronic systems. Within the financial markets, onsemi plays a significant role given its strategic position in key growth sectors like electric vehicles and smart infrastructure. By leveraging cutting-edge technologies, the corporation continually contributes to the advancement of semiconductor technologies, reinforcing its relevance as a pivotal entity in the evolving landscape of global electronics and electrification initiatives.