Onsemi to acquire Ferric for up to $775 million

ON Semiconductor (Onsemi) announced it will acquire Ferric for $600 million in cash, plus up to $175 million in contingent consideration, to strengthen power delivery for next-generation AI processors.

“Onsemi to acquire Ferric, establishing leadership in power delivery for next-generation AI processors.”stockopedia.com

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• stockopedia.comON SEMICONDUCTOR | Brief: Onsemi To Acquire Ferric, Establishing Leadership In Power Delivery For Next-Generation AI ProcessorsMay 25, 2023

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