# ON Semiconductor to acquire Quantenna Communications for $1.07B

ON Semiconductor agreed to acquire Quantenna Communications for $1.07 billion in cash, adding Wi-Fi technology expertise for industrial and automotive markets.

- Type: Acquisition
- Announced: 2019-03-27
- Where: San Jose, California, United States
- Value: $1.07B
- Status: announced
- Products: Wi-Fi technology and software
- 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)

## Sources

- [convergedigest.com](https://convergedigest.com/on-semiconductor-to-acquire-quantenna/), 2019-03-27: "The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1370702/000119312519088547/d710133d8k.htm), 2019-03-27: "The acquisition consideration represents equity value of approximately $1.07 billion and enterprise value of approximately $936 million, after accounting for Quantenna’s net cash of approximately $136 million at the end of fourth quarter of 2018."
- [eetimes.com](https://www.eetimes.com/on-semi-to-acquire-wi-fi-chip-vendor-quantenna-for-1-billion/), 2019-03-28: "The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets."
- [everythingrf.com](https://www.everythingrf.com/News/details/7934-ON-Semiconductor-to-Acquire-Wi-Fi-Solutions-Expert-Quantenna-for-1-Billion), 2019-03-28: "The acquisition will significantly enhance ON Semiconductor’s connectivity portfolio with the addition of Quantenna’s industry leading Wi-Fi technology and software capabilities."
- [microwavejournal.com](https://www.microwavejournal.com/articles/32030-on-semiconductor-to-acquire-quantenna-communications), 2019-04-02: "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.