# 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.

- Type: Acquisition
- Announced: 2019-05-15
- Where: East Fishkill, New York, United States
- Value: $430.0M
- Status: announced
- Capacity: 300mm fab
- Products: semiconductor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md) (target)
- [ON Semiconductor](https://endata.com/companies/15226.md) (acquirer)

## Sources

- [forbes.com](https://www.forbes.com/sites/patrickmoorhead/2019/05/15/on-semiconductor-and-globalfoundries-both-win-with-its-430m-fab-10-deal/), 2019-05-15: "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."

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