ON Semiconductor Corporation to acquire Synaptics Incorporated

ON Semiconductor Corporation has agreed to acquire Synaptics Incorporated in a strategic cash transaction. Both companies are headquartered in the United States and operate within the technology sector. The deal was announced on 1 October 2026. No specific monetary value for the headline offer has been reported in the available data. The consideration for the acquisition is structured entirely in cash. This transaction represents a strategic move for the buyer to integrate the target’s operations into its existing portfolio. The parties have expressed firm intention to proceed with the merger. As of the latest available information, the transaction has not yet been completed. The process is currently subject to standard regulatory approvals and customary closing conditions. No further details regarding the specific terms or the expected timeline for completion have been disclosed at this stage. The market awaits further updates on the regulatory review process.