Onsemi to acquire Synaptics in $7 billion all-stock deal to expand AI portfolio

Onsemi’s biggest acquisition so far strengthens its push into AI-enabled devices, robotics and connected computing. Chipmaker Onsemi has agreed to acquire Synaptics in an all-stock deal valued at about $7 billion, marking its largest acquisition to date as it expands deeper into AI-enabled devices and physical AI applications, Reuters reported. Under the deal terms, Synaptics […]