BRIEF-Onsemi To Acquire Synaptics

Synaptics Incorporated
ON Semiconductor Corporation

Synaptics Incorporated

SYNA

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ON Semiconductor Corporation

ON

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June 25 (Reuters) - ON Semiconductor Corp ON.O:

  • ONSEMI TO ACQUIRE SYNAPTICS TO ENABLE THE NEXT GENERATION OF INTELLIGENT SYSTEMS FOR PHYSICAL AI

  • ONSEMI: TO BUY SYNAPTICS IN ALL-STOCK DEAL WITH $7 BILLION ENTERPRISE VALUE

  • ONSEMI- SHAREHOLDERS TO RECEIVE 1.35 SHARES OF ONSEMI FOR EACH SYNAPTICS SHARE

  • ONSEMI: SYNAPTICS STOCKHOLDERS TO OWN ABOUT 12% OF COMBINED COMPANY ON FULLY DILUTED BASIS

  • ONSEMI- DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP EPS WITHIN 18 MONTHS; $200 MILLION ANNUAL SYNERGIES EXPECTED

  • ONSEMI: REITERATES Q2 FY2026 OUTLOOK; SYNAPTICS REITERATES Q4 FY2026 OUTLOOK

Source text: ID:nGNX3B7dm9

Further company coverage: ON.O


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