{"title":"onsemi to Acquire Synaptics for $5.7 Billion in Revised All-Cash Deal","publisher":"Acquiry Deal Intelligence","author":"Joash Boyton","url":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/","published":"2026-10-02T09:00:00Z","researchCutoff":"2026-10-02","licence":"Free to reference with attribution to Acquiry Deal Intelligence and a link to the source URL.","rows":[{"dataset":"key-figures","id":"stat-price","label":"Cash onsemi will pay for each Synaptics share","value":"$123.00","provenance":"disclosed","sources":"https://www.globenewswire.com/news-release/2026/10/01/3373426/0/en/onsemi-and-synaptics-announce-revised-merger-agreement.html","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#stat-price"},{"dataset":"key-figures","id":"stat-value","label":"Aggregate value of the revised all-cash deal","value":"~$5.7bn","provenance":"disclosed","sources":"https://www.globenewswire.com/news-release/2026/10/01/3373426/0/en/onsemi-and-synaptics-announce-revised-merger-agreement.html","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#stat-value"},{"dataset":"key-figures","id":"stat-original","label":"Headline value of the original all-stock agreement","value":"~$7bn","provenance":"reported","sources":"https://investor.onsemi.com/","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#stat-original"},{"dataset":"key-figures","id":"stat-change","label":"Difference between the revised and original headline values","value":"19%","provenance":"calculated","sources":"https://www.globenewswire.com/news-release/2026/10/01/3373426/0/en/onsemi-and-synaptics-announce-revised-merger-agreement.html | https://investor.onsemi.com/ | https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#stat-change"},{"dataset":"key-figures","id":"stat-shares","label":"Implied Synaptics shares and equivalents","value":"~46m","provenance":"calculated","sources":"https://www.globenewswire.com/news-release/2026/10/01/3373426/0/en/onsemi-and-synaptics-announce-revised-merger-agreement.html | https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#stat-shares"},{"dataset":"key-figures","id":"stat-synergies","label":"Run-rate synergy target within 18 months of close","value":"$200m","provenance":"reported","sources":"https://investor.onsemi.com/","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#stat-synergies"},{"dataset":"valuation-points","id":"original","label":"June 2026: original all-stock agreement","value":"$7bn","provenance":"reported","sources":"https://investor.onsemi.com/","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-valuation-bridge"},{"dataset":"valuation-points","id":"revised","label":"October 2026: revised all-cash agreement","value":"$5.7bn","provenance":"disclosed","sources":"https://www.globenewswire.com/news-release/2026/10/01/3373426/0/en/onsemi-and-synaptics-announce-revised-merger-agreement.html","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-valuation-bridge"},{"dataset":"comparables","id":"onsemi-synaptics-revised","label":"onsemi / Synaptics (2026-10-01)","value":"$~5.7bn","provenance":"disclosed","sources":"https://www.globenewswire.com/news-release/2026/10/01/3373426/0/en/onsemi-and-synaptics-announce-revised-merger-agreement.html","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-comparables"},{"dataset":"comparables","id":"onsemi-synaptics-original","label":"onsemi / Synaptics (2026-06-25)","value":"$~7bn","provenance":"reported","sources":"https://investor.onsemi.com/","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-comparables"},{"dataset":"comparables","id":"renesas-altium","label":"Renesas / Altium (2024-02-15)","value":"$~5.9bn","provenance":"reported","sources":"https://en.wikipedia.org/wiki/Altium","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-comparables"},{"dataset":"comparables","id":"renesas-dialog","label":"Renesas / Dialog Semiconductor (2021-02-08)","value":"$~5.9bn","provenance":"reported","sources":"https://en.wikipedia.org/wiki/Dialog_Semiconductor","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-comparables"},{"dataset":"comparables","id":"skyworks-silabs-iot","label":"Skyworks / Silicon Labs Infrastructure & Automotive (2021-04-22)","value":"$~2.75bn","provenance":"reported","sources":"https://en.wikipedia.org/wiki/Silicon_Labs","permalink":"https://www.acquiry.com/deal-intelligence/onsemi-to-acquire-synaptics-for-5-7-billion/#figure-comparables"}]}