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onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI

SCOTTSDALE, Ariz. & SAN JOSE, Calif., June 25, 2026 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ON) and Synaptics Incorporated (Nasdaq: SYNA) today announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an approximately

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onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

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