ON Semiconductor to acquire Quantenna for $1.07 billion

ON Semiconductor Corporation agreed to acquire Quantenna Communications for $24.50 per share in an all-cash transaction, representing an equity value of approximately $1.07 billion and enterprise value of about $936 million.

“The acquisition significantly enhances ON Semiconductor’s connectivity portfolio with the addition of Quantenna’s industry leading Wi-Fi technology and software capabilities.”sec.gov

• 6 sources
• sec.govEX-99.1Mar 27, 2019
• tucson.comON Semiconductor to Acquire Quantenna CommunicationsMar 27, 2019
• electronicdesign.comON Semiconductor buying Quantenna Communications for $1 billion | Electronic DesignMar 28, 2019
• eenewseurope.comON Semi enhances connectivity portfolio with Quantenna acquisit...Rich PellMar 28, 2019
• investors.comON Semiconductor Boosts Wireless Chip Portfolio With Quantenna Purchase | Investor's Business DailyPATRICK SEITZMar 28, 2019

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