Business & Finance
Chipmaker Onsemi to Buy Synaptics in $6 Billion All-Stock Deal
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Chipmaker Onsemi to Buy Synaptics in $6 Billion All-Stock Deal US chipmaker Onsemi has agreed to buy Synaptics Inc., a firm that specializes in semiconductors for smart devices, in an all-stock deal that values the company at about $6.2 billion. Investors will get 1.35 shares of Onsemi common stock for every share of Synaptics, representing a roughly 19% premium based on closing prices of Onsemi and Synaptics over the past 10 trading days, according to a company statement. The transaction,...
Chipmaker Onsemi to Buy Synaptics in $6 Billion All-Stock Deal
US chipmaker Onsemi has agreed to buy Synaptics Inc., a firm that specializes in semiconductors for smart devices, in an all-stock deal that values the company at about $6.2 billion.
Investors will get 1.35 shares of Onsemi common stock for every share of Synaptics, representing a roughly 19% premium based on closing prices of Onsemi and Synaptics over the past 10 trading days, according to a company statement. The transaction, which has a total enterprise value including debt of roughly $7 billion, is expected to close in mid-2027, subject to approvals.