📢 𝐉𝐔𝐒𝐓 𝐈𝐍: onsemi to Acquire Synaptics in $

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: onsemi to Acquire Synaptics in $7 Billion All-Stock Deal - $ON Semiconductor(ON.US) $Synaptics(SYNA.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐨𝐧𝐬𝐞𝐦𝐢 will acquire 𝐒𝐲𝐧𝐚𝐩𝐭𝐢𝐜𝐬 in an all-stock deal valued at approximately 𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.

➤ Synaptics shareholders will receive 𝟏.𝟑𝟓𝟎 onsemi shares for each Synaptics share.

➤ Exchange ratio represents a 𝟏𝟗% premium to the 10-day volume-weighted average price.

➤ Synaptics shareholders will own approximately 𝟏𝟐% of the combined company.

➤ Transaction was 𝐮𝐧𝐚𝐧𝐢𝐦𝐨𝐮𝐬𝐥𝐲 approved by both companies' boards.

➤ Deal is expected to close in 𝐦𝐢𝐝-𝟐𝟎𝟐𝟕, subject to shareholder and regulatory approvals.

➤ onsemi expects the acquisition to be 𝐚𝐜𝐜𝐫𝐞𝐭𝐢𝐯𝐞 to non-GAAP EPS within 𝟏𝟖 months.

➤ Company targets 𝟐𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in annual synergies after the acquisition.

➤ Combined company could expand its 𝐓𝐀𝐌 by 𝟑𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 to 𝟐𝟒𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 by 2030.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Acquisition broadens onsemi's portfolio across 𝐞𝐝𝐠𝐞 𝐀𝐈, connectivity, and sensing.

➤ Combined technologies strengthen exposure to 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞, industrial, and AI infrastructure markets.

➤ Expected synergies and EPS accretion could enhance 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 shareholder value.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "This shift towards Physical AI will require Power, Sense, Connected Compute and Control to work together seamlessly." — 𝐇𝐚𝐬𝐬𝐚𝐧𝐞 𝐄𝐥-𝐊𝐡𝐨𝐮𝐫𝐲, President and CEO of onsemi.

➤ "The all-stock structure allows our shareholders to participate in the compelling growth and value creation opportunities ahead." — 𝐑𝐚𝐡𝐮𝐥 𝐏𝐚𝐭𝐞𝐥, President and CEO of Synaptics.