# 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.

- Type: Acquisition
- Announced: 2020-06-25
- Where: United States
- Value: $2.40B
- Status: announced
- Products: power semiconductor products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ON Semiconductor](https://endata.com/companies/15226.md) (acquirer)
- [Fairchild Semiconductor International Inc.](https://endata.com/companies/48101.md) (target)

## Sources

- [semiconductordevice.net](https://semiconductordevice.net/FairchildSemiconductor/semiconductor-business-news), 2020-06-25: "The combination of ON Semiconductor and Fairchild creates a power semiconductor leader with strong capabilities in a rapidly consolidating semiconductor industry."

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