Onsemi to Acquire Synaptics: A Highly Consequential Combination for Consumer Electronics, Automotive, and the Audio Industry (opens in new tab)

Onsemi and Synaptics have announced they have entered into a definitive agreement under which Onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. Onsemi's largest ever acquisition creates a stronger hardware and software player delivering AI-enabled systems in every addressable market, including on-device AI. It also makes Onsemi more relevant for audio product development and general consumer electronics appli...