onsemi Switches to $123/Share Cash Bid for Synaptics: what are the key facts?

onsemi has changed its offer for Synaptics to an all-cash bid of $123 per share.

onsemi Switches to $123/Share Cash Bid for Synaptics: what are the key facts?

The previously agreed all-stock deal valued Synaptics at about $7 billion.

onsemi Switches to $123/Share Cash Bid for Synaptics: what are the key facts?

After the new offer was announced, Synaptics shares rose 14% in premarket trading.

onsemi Switches to $123/Share Cash Bid for Synaptics: what are the key facts?

onsemi's CEO said the revised agreement is more financially attractive to shareholders.

Physix Frontier · News Briefing Card (enbrief · Oct 3, 2026)

onsemi Switches to $123/Share Cash Bid for Synaptics

KEY FACTS

onsemi has changed its offer for Synaptics to an all-cash bid of $123 per share.
The previously agreed all-stock deal valued Synaptics at about $7 billion.
After the new offer was announced, Synaptics shares rose 14% in premarket trading.
onsemi's CEO said the revised agreement is more financially attractive to shareholders.

KEY DATA

$123 per shareNew acquisition offer

$7 billionOriginal deal valuation

14%Synaptics premarket gain

PHYSIX OBSERVATION

An all-cash bid at a discount still sent Synaptics sharply higher, showing the market values deal certainty over headline valuation. onsemi is using edge AI to shore up its IoT weak spot, but the added cash outlay will test its balance sheet, and the real test is how well the integration goes.

Source: enbrief original report ↗