ON Semiconductor has announced an all-stock acquisition of Synaptics valued at about $7 billion, a deal the company says would be the largest takeover in its history. The transaction is aimed at combining Synaptics' strengths in edge AI computing, human-machine interface technologies and connectivity with ON Semiconductor's existing business.
Under the terms disclosed, each Synaptics share would be exchanged for 1.35 shares of ON Semiconductor stock. The offer represents an approximate 19% premium to Synaptics' 10-day average price. The companies expect the transaction to close in mid-2027.
After the announcement, the company's share price fell by 6% to 22%, reflecting market concerns over dilution and execution risk tied to integration. The item was cited by CryptoBriefing and republished in brief by Techub.
ON Semiconductor said it will acquire Synaptics in an all-stock transaction worth about $7 billion, marking the largest acquisition in the company's history.
The company said the deal is designed to combine Synaptics' capabilities in edge AI computing, human-machine interfaces and connectivity technologies.
Under the announced terms, each Synaptics share will be exchanged for 1.35 shares of ON Semiconductor stock, implying a premium of about 19% to the 10-day average price. The transaction is expected to close in mid-2027.
After the news was released, the company's share price fell by 6% to 22%, as the market focused on dilution and integration risks. CryptoBriefing was cited as the source of the news item, which was republished by Techub.
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