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Cirrus Logic Is Said to Have Bid for Synaptics After Onsemi Deal
Key Points
Cirrus Logic to Have Bid for Synaptics After Onsemi Deal Semiconductor company Cirrus Logic Inc. made an unsolicited acquisition offer for Synaptics Inc. last month as it looked to spoil a previously announced deal with On Semiconductor Corp., according to people familiar with the matter. Cirrus Logic is the “Party A” cited in an updated Synaptics proxy filing from Thursday, said the people, who asked not to be identified because the matter is private. It’s unclear if the company is still...
Cirrus Logic to Have Bid for Synaptics After Onsemi Deal
Semiconductor company Cirrus Logic Inc. made an unsolicited acquisition offer for Synaptics Inc. last month as it looked to spoil a previously announced deal with On Semiconductor Corp., according to people familiar with the matter.
Cirrus Logic is the “Party A” cited in an updated Synaptics proxy filing from Thursday, said the people, who asked not to be identified because the matter is private. It’s unclear if the company is still interested in a deal with Synaptics, they added.