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onsemi to acquire Synaptics for $5.7 billion

PUBLIC · ONOct 01, 2026

Acquiring Company

Onsemi

Acquired Company

Synaptics Incorporated

PhoenixSan JoseManufacturingAutomotiveManufacturingSoftwareArtificial Intelligence

Description

onsemi has amended its merger agreement to acquire Synaptics for $123 per share in cash, totaling approximately $5.7 billion. The transaction is expected to provide immediate value to onsemi's shareholders and is projected to close by mid-2027, pending regulatory approvals. This revised agreement follows an unsolicited proposal from a third party.

Company Information

Company

Onsemi

Location

Phoenix, Arizona, United States

About

Onsemi is a leading semiconductor manufacturer specializing in mobility solutions, particularly for automotive applications. With a market capitalization of $19.83 billion, it focuses on driving innovation and operational efficiency in the semiconductor industry. The company is dedicated to sustainability and acquiring advanced technologies to enhance its product offerings.

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Frequently asked

Who acquired Synaptics Incorporated?

Synaptics Incorporated was acquired by Onsemi, based in Phoenix. The deal was reported on October 1, 2026. Onsemi is a leading semiconductor manufacturer specializing in mobility solutions, particularly for automotive applications. Onsemi is publicly traded (ON) and operates in Manufacturing.

When did Onsemi acquire Synaptics Incorporated?

Onsemi's acquisition of Synaptics Incorporated was reported on October 1, 2026. onsemi has amended its merger agreement to acquire Synaptics for $123 per share in cash, totaling approximately $5.7 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Synaptics Incorporated do?

Synaptics (Nasdaq: SYNA) is changing the way humans engage with connected devices and data, engineering exceptional experiences throughout the home, at work, in the car, and on the go. It is publicly traded (SYNA), operating in Manufacturing, and is based in San Jose.

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