Brief: Onsemi To Acquire Synaptics
BRIEF-Onsemi To Acquire Synaptics June 25 (Reuters) - ON Semiconductor Corp ON.O:
ONSEMI TO ACQUIRE SYNAPTICS TO ENABLE THE NEXT GENERATION OF INTELLIGENT SYSTEMS FOR PHYSICAL AI
ONSEMI: TO BUY SYNAPTICS IN ALL-STOCK DEAL WITH $7 BILLION ENTERPRISE VALUE
ONSEMI- SHAREHOLDERS TO RECEIVE 1.35 SHARES OF ONSEMI FOR EACH SYNAPTICS SHARE
ONSEMI: SYNAPTICS STOCKHOLDERS TO OWN ABOUT 12% OF COMBINED COMPANY ON FULLY DILUTED BASIS
ONSEMI- DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP EPS WITHIN 18 MONTHS; $200 MILLION ANNUAL SYNERGIES EXPECTED
ONSEMI: REITERATES Q2 FY2026 OUTLOOK; SYNAPTICS REITERATES Q4 FY2026 OUTLOOK
Source text: ID:nGNX3B7dm9
Further company coverage: ON.O
((Reuters.Briefs@thomsonreuters.com;))
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