Mergers & Acquisitions ·
ON Semiconductor Corporation announced that the Federal Trade Commission granted early termination of the waiting…
ONON Semiconductor Corp
ON Semiconductor Corporation announced that the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding its proposed acquisition of Synaptics Incorporated. The merger, originally agreed upon on June 25, 2026, involves Merger Sub merging with and into Synaptics, which will survive as a wholly owned subsidiary. Closing remains subject to customary conditions, including Synaptics stockholder approval and other regulatory clearances. The parties expect the transaction to close in mid-2027. ON Semiconductor Corporation operates in the semiconductor industry, designing and manufacturing power and signal management chips, sensors, and modules.