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AI IntelligenceOct 3, 2026Primary Market
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Synaptics · 5700000000 · Onsemi

ON Semiconductor lowers Synaptics acquisition offer to $5.7B in cash: ON Semiconductor has revised its acquisition offer for Synaptics to an all-cash deal valued at approximately $5.7 billion, or $123 per share. This is down from the $7 billion all-stock deal announced in June. The revision comes after Synaptics received a competing bid.

Frontier EditorialSource: Techmeme
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ON Semiconductor lowers Synaptics acquisition offer to $5.7B in cash: ON Semiconductor has revised its acquisition offer for Synaptics to an all-cash deal valued at approximately $5.7 billion, or $123 per share. This is down from the $7 billion all-stock deal announced in June. The revision comes after Synaptics received a competing bid.