onsemi to acquire Ferric for $600M plus contingent consideration

onsemi agreed to acquire Ferric, an innovator in integrated voltage regulator technology, for $600 million in cash plus up to $175 million in contingent consideration, to strengthen power delivery for AI processors.

“Combined with onsemi's broad power portfolio, this strategic acquisition will strengthen our leadership position while expanding our content opportunity and ability to support customers as AI processor architectures continue to evolve.”indovizka.com

• 1 source
• indovizka.comonsemi to Acquire Ferric, Establishing Leadership in Power Delivery for Next-Generation AI ProcessorsRedaksiJan 21, 2018

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