Cirrus Logic Confirms Bids for Synaptics
Cirrus Logic confirmed it made takeover offers for Synaptics, as revealed in a recent SEC filing. According to an 8-K filing on Tuesday, Cirrus was identified as “Party A” in the proxy statement related to Onsemi's pending acquisition of Synaptics. This development adds complexity to the ongoing deal between Onsemi and Synaptics, raising questions about potential competition or alternative offers for the semiconductor company. The confirmation by Cirrus Logic suggests that it is actively pursuing a strategic move into areas where Synaptics operates.
Topics: Corporate Mergers Semiconductors
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