Home›Earnings›Previews›onsemi revises Synaptics deal to all-cash $5.7 billion

onsemi revises Synaptics deal to all-cash $5.7 billion

The revised terms shift onsemi from an all-stock structure to all cash, with the company expecting immediate earnings accretion after closing.

Reported · Written up by our desk · Previews

onsemi has revised its Synaptics acquisition to an all-cash deal valued at $5.7 billion, according to MarketBeat Ratings. The change replaces an earlier all-stock bid and is intended to avoid share dilution and overhang, MarketBeat Ratings reports.

MarketBeat Ratings says the cash structure keeps the share count unchanged and is priced below the initial offer. The $5.7 billion price tag represents a reduction of 18.6% from the initial deal terms, with the expectation that the revised agreement will be immediately accretive to earnings upon closing.

The outlet also frames the move as part of onsemi’s transition toward end-to-end physical AI systems as an original equipment manufacturer. MarketBeat Ratings adds that the revised structure would keep onsemi shareholders holding 100% ownership.

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