onsemi Agrees to Acquire Synaptics in $7 Billion All-Stock Deal

businessmergers-acquisitionsaiai-sector-impact 8 posts · 8 accounts

US chipmaker onsemi has agreed to acquire Synaptics in an all-stock transaction with a total enterprise value of approximately $7 billion. The definitive agreement sets a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share, representing an approximately 19% premium to the volume-weighted average closing prices of both companies over the past 10 trading days. The acquisition combines onsemi’s semiconductor power and sensing technologies with Synaptics’ edge AI and display interface solutions to expand into the physical AI market.

Synaptics shareholders will own approximately 12% of the combined company, which is expected to close in mid-2027 subject to standard regulatory approvals. The transaction is projected to generate $200 million in annual cost synergies. Based in Tempe, Arizona, onsemi designs chips for electric vehicles and industrial equipment, while Synaptics specializes in connectivity and power-management semiconductors for smart devices.

From the sources (8 posts)

@negligible_cap

*ONSEMI TO BUY SYNAPTICS FOR ENTERPRISE VALUE OF ABOUT $7B $ON to buy $SYNA, all stock transaction for $7B EV, or 1.35 shares of $ON per Synaptic share. 19% premium.

@wallstengine

onsemi $ON will acquire Synaptics $SYNA in an all-stock deal valued at ~$7B in total enterprise value. $SYNA holders will receive 1.350 $ON shares per share and own ~12% of the combined company. Deal expected to close mid-2027, with $200M

@stockmktnewz

On Semiconductor $ON has agreed to acquire Synaptics $SYNA for $7 Billion in a all stock deal

@stocksavvyshay

$ON is acquiring $SYNA in an all-stock deal valued at $7B. The deal brings together onsemi’s power and sensing chips with Synaptics edge AI and interface technology giving the combined company a stronger position in physical AI. https://t

@alphasenseinc

onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI "onsemi (Nasdaq: $ON) and Synaptics Incorporated (Nasdaq: $SYNA) today announced they have entered into a definitive agreement under which ons

@zephyr_z9

WOW

@business

US chipmaker Onsemi has agreed to buy Synaptics, a firm that specializes in semiconductors for smart devices, in an all-stock deal that values the company at about $6.2 billion

@cnbc

On Semiconductor strikes $7 billion deal for Synaptics in physical AI push

Market impact

45 medium

SYNA ON

Why it matters: A definitive all-stock M&A bid with a fixed 1.350 ratio and ~19% premium repriced Synaptics toward the deal terms (up), while onsemi trades mixed on dilution/integration risk offset by $200M synergies and the physical-AI expansion.

At publish time: Headline states a definitive acquisition at ~$7B EV with a fixed exchange ratio and ~19% premium — a concrete M&A catalyst readable at publish time, not needing reaction.

model confidence: high

What happened next

1–2 weeks later

no follow-up

Corpus follow-ups cover only unrelated M&A deals (Martin Marietta, Rocket Lab, Kroger, Adnoc); nothing on onsemi/Synaptics, so the predicted SYNA/ON impact is unverifiable.

based on follow-up coverage

Follow-up coverage

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