M&A
Onsemi to acquire Synaptics in $7B all-stock deal to expand AI chip portfolio
June 28, 2026
AI & Data
M&A
Key Facts
Signal Type
M&A
Industry
AI & Data
Companies
ON Semiconductor Corp., Synaptics Inc.
Date
June 28, 2026
Onsemi will acquire Synaptics in a $7B all-stock transaction announced June 28, 2026. Synaptics shareholders receive 1.35 Onsemi shares per share, representing a 19% premium to recent trading prices.
The deal impacts both companies' product teams (power management + edge AI) and their industrial/IoT customers. Synaptics' Astra platform team will integrate with Onsemi's sensing division.
Monitor integration timelines and product roadmap updates, particularly for Synaptics' wireless connectivity products. Regulatory approvals are pending.
Source:
KTAR News 92.3 FMGet AI signals in your CRM
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