# ON Semiconductor acquires GF's East Fishkill fab for $430M

ON Semiconductor Corporation has acquired GLOBALFOUNDRIES' 300mm fab in East Fishkill, USA, for $430 million, with $100 million paid at signing and $330 million due by end of 2022, when full operational control transfers.

- Type: Acquisition
- Announced: 2019-09-03
- Where: East Fishkill, New York, United States
- Value: $430.0M
- Status: announced
- Products: 300mm wafers, power and analog semiconductors
- 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

- [atreg.com](https://atreg.com/case-studies/atreg-represents-on-semiconductor-in-acquisition-of-globalfoundries-fab/), 2019-09-03: "The acquisition of the 300mm East Fishkill fab is another major step in our progress towards leadership in power and analog semiconductors."

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