# ON SEMICONDUCTOR CORP (ON) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_695edab4d9fa098567f1 · retrieved 2026-08-14T01:28:18.185Z

## Overview
ON Semiconductor Corporation is a semiconductor manufacturer focused on AI-first compute platforms, automotive, and data center markets; Synaptics Incorporated is a semiconductor company that has undergone a five-year transformation and develops AI-first compute products including its Astra platform.

ON Semiconductor Corporation announced an acquisition of Synaptics Incorporated. The companies expect to achieve $200 million in synergies within 18 months of closing, with the deal expected to be accretive to gross margins and cash flow positive. Additional synergies beyond the initial 18-month period are anticipated from distribution expansion, manufacturing optimization, and revenue synergies from design cycles. The transaction is subject to regulatory approvals and Synaptics stockholder approval.

## Terms
- Counterparty: Synaptics Incorporated

## Key dates
- Announced 2026-08-12

## Timeline
- 2026-08-12 · 425 (0001140361-26-032329): 425 - ON SEMICONDUCTOR CORP — *ON Semiconductor Corporation is a semiconductor manufacturer focused on AI-first compute platforms, automotive, and data center markets; Synaptics Incorporated is a semiconductor company that has undergone a five-year transformation and develops AI-first compute products including its Astra platform.* ON Semiconductor Corporation announced an acquisition of Synaptics Incorporated. The companies expect to achieve $200 million in synergies within 18 months of closing, with the deal expected to be accretive to gross margins and cash flow positive. Additional synergies beyond the initial 18-month period are anticipated from distribution expansion, manufacturing optimization, and revenue synergies from design cycles. The transaction is subject to regulatory approvals and Synaptics stockholder approval.
  https://www.sec.gov/Archives/edgar/data/1097864/0001140361-26-032329.txt

## Citations
- 0001140361-26-032329 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126032329