# 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.

- Type: Acquisition
- Announced: 2019-03-27
- Where: United States
- Value: $1.07B
- Status: announced
- Products: Wi-Fi technology, power management, Bluetooth, connectivity solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [onsemi](https://endata.com/companies/15223.md) (acquirer)
- [ON Semiconductor](https://endata.com/companies/15226.md) (acquirer)
- [Quantenna Communications](https://endata.com/companies/38266.md) (target)
- [Quantenna](https://endata.com/companies/38304.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1097864/000119312519088528/d929418dex991.htm), 2019-03-27: "The acquisition significantly enhances ON Semiconductor’s connectivity portfolio with the addition of Quantenna’s industry leading Wi-Fi technology and software capabilities."
- [tucson.com](https://tucson.com/business/article_6a7d9a1f-bd60-583f-978c-b6a8693264c5.html), 2019-03-27: "The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets."
- [electronicdesign.com](https://www.electronicdesign.com/technologies/communications/article/21209647/on-semiconductor-buying-quantenna-communications-for-1-billion), 2019-03-28: "The acquisition significantly enhances ON Semiconductor’s connectivity portfolio with the addition of Quantenna’s Wi-Fi technology and software capabilities."
- [eenewseurope.com](https://www.eenewseurope.com/en/on-semi-enhances-connectivity-portfolio-with-quantenna-acquisition/), 2019-03-28: "The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets."
- [investors.com](https://www.investors.com/research/ibd-industry-themes/on-semiconductor-quantenna-purchase/), 2019-03-28: "ON Semiconductor (ON) will bolster its wireless chip portfolio with the purchase of hot chip stock Quantenna Communications (QTNA)."
- [supplychainconnect.com](https://www.supplychainconnect.com/news-trends/press-release/21867371/on-semiconductor-to-acquire-quantenna-communications), 2019-04-05: "The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets."

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