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The semiconductor industry witnessed a major M&A move as onsemi announced it would acquire Synaptics in an all-stock transaction valued at approximately $7 billion. This acquisition aims to accelerate onsemi’s evolution into a leading provider of intelligent systems by integrating Synaptics’ experti

Onsemi has announced a definitive agreement to acquire Synaptics in an all-stock transaction valued at approximately $7 billion, accelerating its evolution into a leading provider of intelligent systems and positioning it at the forefront of Physical AI. This strategic move extends onsemi’s capabili