ON Semiconductor has revised its $5.7 billion acquisition of Synaptics from an all-stock deal to a $123-per-share cash offer, reducing the total value from $7 billion and eliminating share dilution concerns. Bank of America estimates this change could increase ON Semiconductor's earnings per share by about 11% in 2027 and 15% in 2028, compared to standalone forecasts. The deal is expected to close by mid-2027, pending regulatory approvals, and will expand ON Semiconductor's market reach by $30 billion by 2030, enhancing its portfolio in edge computing, connectivity, and industrial applications.
Following ON Semiconductor's revised acquisition terms for Synaptics, ON shares have gained momentum, rising 5.72% to USD 84.66 as of Oct 03, 2026 02:32 WIB on Pluang. The stock's market cap stands at $31.18 billion, reflecting investor interest amid the deal's potential to expand ON's market reach by $30 billion by 2030. Pluang users show a buying preference with 57% of orders on ON being buys versus 43% sells at this time.
Monteverde & Associates PC, a top-ranked class action law firm, is investigating the sale of Synaptics Incorporated to ON Semiconductor Corporation. The proposed deal would pay Synaptics shareholders $123 in cash per share. The firm is assessing whet...
On Semiconductor replaced its $7 billion all-stock offer to acquire Synaptics with a $5.7 billion all-cash bid, causing shares of both companies to rise sharply. This move eliminates dilution for On Semiconductor shareholders and provides Synaptics i...
ON Semiconductor is successfully turning around its business with its Fab Right strategy and strong demand from AI data centers and silicon carbide (SiC) products. Management expects AI data center revenue to more than double by 2026, fueling structu...
