# 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.

- Type: Acquisition
- Announced: 2026-10-01
- Where: United States
- Value: $5.70B
- Status: announced
- Products: semiconductors, electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [onsemi](https://endata.com/companies/15223.md) (acquirer)
- [Synaptics](https://endata.com/companies/24839.md) (target)
- [Cirrus Logic](https://endata.com/companies/56352.md) (partner)
- [Morgan Stanley](https://endata.com/companies/94824.md) (investor)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/onsemi+cuts+Synaptics+deal+price+to+%245.7B+after+rival+bid/27136598.html), 2026-10-01: "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."
- [markets.ft.com](https://markets.ft.com/data/announce/full?dockey=1330-9838262en-0R5CINQALHC8R5DI72TV8TJGU9), 2026-10-01: "Under the revised agreement, onsemi will acquire Synaptics for $123 per share in cash for an aggregate value of approximately $5.7 billion as compared to approximately $7 billion for the prior agreement."
- [advfn.com](https://www.advfn.com/stock-market/london/0KC4/stock-news/99417719/onsemi-and-synaptics-announce-revised-merger-agree), 2026-10-01: "The amendment follows an unsolicited competing proposal received from a third party."
- [investor.synaptics.com](https://investor.synaptics.com/news-releases/news-release-details/onsemi-and-synaptics-announce-revised-merger-agreement), 2026-10-02: "Under the revised agreement, onsemi will acquire Synaptics for $123 per share in cash for an aggregate value of approximately $5.7 billion as compared to approximately $7 billion for the prior agreement."
- [startupfortune.com](https://startupfortune.com/onsemi-cuts-synaptics-buyout-price-to-57-billion-after-rival-bid/), 2026-10-31: "Onsemi replaced its stock-based Synaptics takeover with a $123-per-share cash offer."
- [wearemainstreet.org](https://wearemainstreet.org/world/us/2026/10/31/onsemi-synaptics-merger-all-cash), 2026-10-31: "Onsemi has restructured its $5.7 billion acquisition of Synaptics into an all-cash deal to minimize share price volatility and secure the merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.