Onsemi in Discussions to Acquire Chip Startup Ferric for Approximately $1 Billion
Onsemi (ON) is reportedly in negotiations to acquire the chip startup Ferric in a deal valued at nearly $1 billion. While specific details regarding the transaction structure remain undisclosed, reports suggest the acquisition could involve performance-based milestones and contingent payments. The potential move highlights Onsemi's strategic interest in expanding its semiconductor capabilities through targeted acquisitions. If finalized, the deal would represent a significant capital deployment for the company as it seeks to bolster its technological portfolio.
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