Acquiring Company
ON Semiconductor Corporation
Acquired Company
Ferric
ScottsdaleNew YorkManufacturingEnergyRenewable EnergySolarAutomotiveElectronicsInformation TechnologyDescription
Onsemi has announced its acquisition of chip startup Ferric for $600 million in cash. This deal is aimed at enhancing Onsemi's capabilities in artificial intelligence revenue and improving its product offerings. The acquisition is expected to close by the end of 2026.
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Frequently asked
Who acquired Ferric?
Ferric was acquired by ON Semiconductor Corporation, based in Scottsdale. The deal was reported on November 2, 2026. 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 Ferric?
ON Semiconductor Corporation's acquisition of Ferric was reported on November 2, 2026. Onsemi has announced its acquisition of chip startup Ferric for $600 million in cash. This deal is aimed at enhancing Onsemi's capabilities in artificial intelligence revenue and improving its product offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ferric do?
Ferric provides solutions for integrated voltage regulation and power management. Ferric's chip-scale, Integrated Voltage Regulators (IVRs) achieve industry leading current density to enable dense in-package and on-board power system implementations. It is privately held, operating in Information Technology, and is based in New York.
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