Onsemi Cuts Synaptics Deal Price to $123 per Share in Amended Agreement
Filed with the SEC on · Summarized by InvestorsBot
Onsemi and Synaptics amended their merger agreement on October 1, 2026, with onsemi agreeing to acquire Synaptics for $123 per share in cash, or approximately $5.7 billion, down from about $7 billion under the prior agreement. Onsemi expects the deal to be immediately accretive to non-GAAP EPS and retain $200 million in annual run-rate synergies, but closing remains subject to Synaptics shareholder and regulatory approvals and is expected by mid-2027.