Acquiring Company
ON Semiconductor Corporation
Acquired Company
Allegro MicroSystems
ScottsdaleManchesterManufacturingEnergyRenewable EnergySolarAutomotiveElectronicsManufacturingAutomotiveDescription
onsemi has proposed to acquire Allegro MicroSystems for $35.10 per share in cash. The acquisition aims to combine the strengths of both companies in the automotive and industrial markets. This proposal follows several previous attempts by onsemi to engage Allegro in discussions regarding the merger.
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Who to call at ON Semiconductor Corporation, and when
When ON Semiconductor Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ON Semiconductor Corporation raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Allegro MicroSystems?
Allegro MicroSystems was acquired by ON Semiconductor Corporation, based in Scottsdale. The deal was reported on March 6, 2025. ON Semiconductor Corporation is a global leader in semiconductor solutions with a focus on energy-efficient products. ON Semiconductor Corporation is publicly traded (ON) and operates in Manufacturing.
When did ON Semiconductor Corporation acquire Allegro MicroSystems?
ON Semiconductor Corporation's acquisition of Allegro MicroSystems was reported on March 6, 2025. onsemi has proposed to acquire Allegro MicroSystems for $35.10 per share in cash. The acquisition aims to combine the strengths of both companies in the automotive and industrial markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Allegro MicroSystems do?
Allegro MicroSystems (Nasdaq: ALGM) is redefining the future of sensing and power technologies. It is publicly traded (ALGM), operating in Manufacturing, and is based in Manchester.
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