Quantenna Communications

ON Semiconductor Corporation completed its acquisition of Quantenna Communications, Inc. for $24.50 per share in an all-cash transaction, strengthening its capabilities in advanced connectivity applications.

ON Semiconductor agreed to acquire Quantenna Communications for $1.07 billion in cash, adding Wi-Fi technology expertise for industrial and automotive markets.

ON Semiconductor Corporation agreed to acquire Quantenna Communications for $24.50 per share in an all-cash transaction, representing an equity value of approximately $1.07 billion and enterprise value of about $936 million.