ON Semiconductor to acquire Fairchild Semiconductor for $2.4B

ON Semiconductor Corporation has entered into a definitive agreement to acquire Fairchild Semiconductor International Inc. for $20.00 per share in an all-cash transaction valued at approximately $2.4 billion, creating a leader in the power semiconductor market.

“The combination of ON Semiconductor and Fairchild creates a power semiconductor leader with strong capabilities in a rapidly consolidating semiconductor industry.”semiconductordevice.net

• 1 source
• semiconductordevice.netSemiconductor Business News | Semiconductor technologyJun 25, 2020

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