The Circuitry
THE CIRCUITRYYour one-stop source for all tech news
HOMETODAYNEWSFEEDEVENTS
BOOKMARKS
RSS
© 2026 The Circuitry
About UsSourcesContactCorrectionsPrivacy
  • Today
  • Feed
  • Events
  • Saved
  • AAPL
  • MSFT
  • GOOGL
  • META
  • NVDA
  • TSLA
  • AMZN
  • INTC
  • SONY
  • TTWO
  • COIN
  • BTC
  • ETH
  • SOL
  • AAPL
  • MSFT
  • GOOGL
  • META
  • NVDA
  • TSLA
  • AMZN
  • INTC
  • SONY
  • TTWO
  • COIN
  • BTC
  • ETH
  • SOL

Feed

Ad
From The CircuitryVerified tech news, cross-checked.How we verify →
  • DeepSeek opens app tools on the API for V4.1-FlashTech
  • Anthropic publishes 10 recommendations for safety evaluationsTech
  • LangChain raises $300 million at a $3 billion valuationTech
  • Mercor raises $750 million at a $20 billion valuationTech
  • Intel is optimizing SGLang for its chips with RadixArkTech
  • Starship Flight 15 deploys 26 Starlink satellites in orbitTech
  • OpenAI opens Daybreak Red Team and Defense FactoryTech
  • Uber says a vendor breach exposed driver license dataSecurity
  • OpenAI opens ChatGPT Wallet for U.S. Pro usersTech
  • FAA ground stop halts departures at U.S. airportsTech
  • Starship Flight 15 reaches orbit after a Gulf splashdownTech
  • Tesla opens Cybercab orders to select customers at $29,990Tech
Scroll for more
Verification
VERIFIEDConfidence: HIGH
Source identified
Claims cross-referenced
No discrepancies found
Fact-check summary

CNBC, Reuters, WSJ, and onsemi's official release confirm the $7B all-stock ON Semiconductor-Synaptics deal announced today.

Sourcing
4independent sources
CNBC Tech · track record
63Stories
100%Verified
330d
All sources →
Ad
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
Home/Tech/ON Semiconductor Strikes $7 Billion All-Stock Deal for Synaptics
VERIFIEDBy Xavier Rivera·Thursday, June 25, 2026 at 7:05 PM AST·1.5 min read

ON Semiconductor Strikes $7 Billion All-Stock Deal for Synaptics

ON Semiconductor agreed to acquire Synaptics in a nearly $7 billion all-stock transaction that accelerates its physical AI expansion and lifts its total addressable market to $243 billion by 2030. The deal, the company's largest to date, is slated to close in mid-2027 amid a surge in AI-related buyouts industrywide.

Source:CNBC Tech
Post
ON Semiconductor Strikes $7 Billion All-Stock Deal for Synaptics
Ad
From The CircuitryVerified tech news, cross-checked.How we verify →
Ad
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
TL;DRAI · 60 sec read

ON Semiconductor agrees to acquire Synaptics in a nearly $7 billion all-stock deal. The purchase, its largest to date, adds connected compute capabilities and expands the total addressable market by $30 billion to support physical AI growth. Shareholders receive 1.35 ON Semi shares per Synaptics share. The deal is set to close in mid-2027.

Morning Brief

Get the daily AI brief

Every morning, in your inbox. What's in The Brief →

ON Semiconductor has reached an agreement to purchase Synaptics in an all-stock transaction valued at nearly $7 billion, marking the largest acquisition in its history.

The deal accelerates ON Semi's push into physical AI. The Arizona-based firm expects the move to expand its total addressable market by $30 billion to $243 billion by 2030 while bolstering its intelligence systems portfolio.
The deal accelerates ON Semi's push into physical AI.
"This transaction would add immediate connected compute capabilities, expand our software and ecosystem reach and position onsemi to deliver greater value as customers increasingly seek intelligent systems," said ON Semiconductor CEO Hassane El-Khoury.

Shareholder terms and expected timeline are now set. Under the agreement, Synaptics shareholders will receive 1.350 shares of ON Semiconductor common stock for each share they own. The transaction carries an equity value of approximately $6.2 billion and an enterprise value around $7 billion including debt, according to Bloomberg. Regulators must still approve the deal, which is projected to close in the middle of 2027.
From The CircuitryThe Feed — live briefs across tech, all day.See what’s happening →
ON Semiconductor will add one Synaptics board member to its own board. The combination is expected to generate roughly $200 million in annual synergies, Benzinga reported.
Technology companies are hitting acquisition mode in a race to strengthen AI capabilities.
Market reaction split between the two companies. Shares of ON Semiconductor dropped about 6 percent in after-hours trading, while Synaptics stock surged approximately 13 percent.

The move fits a broader wave of AI-focused acquisitions. Technology companies are hitting acquisition mode in a race to strengthen AI capabilities. Qualcomm recently purchased infrastructure startup Modular to enhance its software offerings, and Salesforce announced plans this month to acquire AI customer service platform Fin for about $3.6 billion.
Ad
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
ON Semiconductor is a major producer of silicon carbide and is widely known for its power and sensing solutions for the automotive and electric vehicle industries. CEO Hassane El-Khoury is scheduled to appear on CNBC TV at 9:45 a.m. ET Friday to discuss the agreement.
Why this mattersAI · ~100 words

Tap a lens to see what this story means for you.

Morning Brief

Liked this? The Brief brings you the whole day in tech, verified, every morning.

Two minutes, free forever. What's in The Brief →

Reader-supported
DonateBuy me a coffee →Follow@thecircuitry_ →Follow@thecircuitry.to →
HELP US IMPROVE
From The Circuitry

See what’s happening right now

The Feed runs all day — short, verified briefs the moment they break.

Open the Feed →
From The Circuitry

Follow @thecircuitry_

Every story we publish, as it happens. No noise between.

Follow on X ↗On Bluesky ↗

Reader-supported

The Circuitry is a passion project I've always wanted to build, and I love the work behind it.

Running it costs real money. APIs, hosting, time. To keep improving the site and growing this into something useful for everyone, those costs have to be covered.

Any contribution is appreciated. If not, no pressure. Thanks for reading.

Buy me a coffee
acquisitionsemiconductorsAI
More inTech
  • Starship Flight 15 deploys 26 Starlink satellites in orbit

    Tech · 3h
  • OpenAI opens Daybreak Red Team and Defense Factory

    Tech · 3h
  • Uber says a vendor breach exposed driver license data

    Tech · 3h
SupportThe Work

The Circuitry is reader-supported. If you find the daily brief useful, you can buy me a coffee to keep it going.

Buy a coffee →
Ad
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →

MORE IN THIS BEAT

All Tech →
  • Tech·Nov 13

    DeepSeek opens app tools on the API for V4.1-Flash

    DeepSeek has opened web search, file input, URL reading, and safety checks on the deepseek-flash API. Search, Fetch, OCR, speech recognition, and text-to-speech are also available as standalone calls.

  • Tech·Nov 13

    Anthropic publishes 10 recommendations for safety evaluations

    Anthropic has published 10 recommendations for designing, running, and reporting safety evaluations. The company has paused many tests that give models internet access and now monitors the web-search tests that still need a connection.

  • Tech·Nov 13

    LangChain raises $300 million at a $3 billion valuation

    LangChain has raised $300 million at a $3 billion valuation in a Series C led by CapitalG. More than 7,000 organizations use LangSmith, and a release event on November 20 will cover new capabilities.

  • Tech·Nov 13

    Mercor raises $750 million at a $20 billion valuation

    Mercor has raised a $750 million Series D that values the company at $20 billion. The round includes an employee tender, and the company has not said how much of the total is new capital.

  • Tech·Nov 12

    Intel is optimizing SGLang for its chips with RadixArk

    Intel is working with RadixArk to optimize SGLang, an open-source inference stack, for Intel CPUs, GPUs, and accelerators. The November 12 release does not include a speed figure.