onsemi amends Synaptics acquisition to $5.7B

onsemi and Synaptics amended their merger agreement on October 1, 2026, reducing the acquisition price to $123 per share in cash, for a total value of approximately $5.7 billion, down from roughly $7 billion. The transaction is expected to close by mid-2027.

“The all-cash transaction delivers higher value to our shareholders through lower total cost consideration, and we now expect the transaction to be immediately accretive to non-GAAP EPS upon closing.”streetinsider.com

• 6 sources
• streetinsider.comonsemi cuts Synaptics deal price to $5.7B after rival bidOct 1, 2026
• markets.ft.comonsemi and Synaptics Announce Revised Merger Agreement – Company Announcement - FT.comOct 1, 2026
• advfn.comonsemi and Synaptics Announce Revised Merger AgreementUK RegulatoryOct 1, 2026
• investor.synaptics.comonsemi and Synaptics Announce Revised Merger Agreement | Synaptics IncorporatedOct 2, 2026
• startupfortune.comOnsemi Cuts Synaptics Buyout Price to $5.7 Billion After Rival Bid - Startup FortuneRon PatelOct 31, 2026

Summarized from public sources; check the original articles before acting on it.