onsemi to Acquire Synaptics

June 25, 2026

onsemi agreed to acquire Synaptics in a deal first announced as an all-stock transaction valued at approximately $7 billion; the companies amended the agreement on October 1, 2026, to an all-cash offer of $123 per share, valued at approximately $5.7 billion. The acquisition is intended to expand onsemi’s edge AI, connected compute, human-machine interface, sensing, and wireless connectivity capabilities, with closing expected by mid-2027 subject to shareholder and regulatory approvals.

Buyers
onsemi
Targets
Synaptics
Sellers
Synaptics shareholders
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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