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ON Semiconductor to acquire Globalfoundries Fab 10 for $430M · Endata

◂ Announcements

Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

May 15, 2019ACQUISITIONEast Fishkill, New York, United States

ON Semiconductor to acquire Globalfoundries Fab 10 for $430M

ON Semiconductor and Globalfoundries announced a $430 million agreement for ON Semiconductor to acquire Globalfoundries' 300mm Fab 10 in East Fishkill, New York. The deal includes a $100 million initial payment, with full operational control expected by end of 2022.

Value

$430.0M

Status

Announced

Capacity

300mm fab

Productssemiconductor wafers

CompaniesGlobalFoundries target ON Semiconductor acquirer

Sectors#Semiconductors and Industrial Electronics

“ON Semiconductor and Globalfoundries announced a $430 million agreement to transfer ownership of Globalfoundries 300mm Fab 10 in East Fishkill, New York, to ON Semiconductor.”forbes.com

1 source
forbes.comON Semiconductor And Globalfoundries Both Win With Its $430M Fab 10 DealPatrick MoorheadMay 15, 2019

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

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