Industry
onsemi to buy Synaptics for $7 billion to expand physical AI, edge AI
Analog silicon carbide chip maker onsemi, used in automotive and industrial markets, plans to acquire Synaptics in an all-share deal worth about $7 billion. Synaptics shareholders will receive 1.35 onsemi shares for each Synaptics share. onsemi aims to speed expansion of its physical AI and edge AI businesses by combining Synaptics connectivity technology and software platforms with its semiconductors. The deal is expected to close in mid-2027, subject to regulatory approval.