Onsemi buying cash-strapped Synaptics in $7 billion all-stock deal — smart power meets edge AI hardware
Summary
Onsemi and Synaptics to merge in a bid to build comprehensive platforms for robotics, physical AI applications.
Discussion on
Trending posts from X.
$ON is acquiring $SYNA in an all-stock deal valued at $7B.
— Shay Boloor (@StockSavvyShay) June 25, 2026
The deal brings together onsemi’s power and sensing chips with Synaptics edge AI and interface technology giving the combined company a stronger position in physical AI. pic.twitter.com/rW1KuAihCU
$ON is down over 20% after announcing a $7B all-stock deal to acquire $SYNA and expand its edge AI and physical AI portfolio.
— Shay Boloor (@StockSavvyShay) June 26, 2026
The deal adds AI compute and connectivity, targets $200M in annual synergies and is expected to become earnings accretive within 18 months. pic.twitter.com/qm5vjHm9Xq
onsemi $ON will acquire Synaptics $SYNA in an all-stock deal valued at ~$7B in total enterprise value.$SYNA holders will receive 1.350 $ON shares per share and own ~12% of the combined company.
— Wall St Engine (@wallstengine) June 25, 2026
Deal expected to close mid-2027, with $200M in annual synergies.