Synaptics Agrees to Amended Merger With onsemi at $123 Per Share in Cash

Synaptics has agreed to an amended merger with onsemi, where it will become a wholly owned subsidiary. Shareholders will receive $123 per share in cash upon closing. The deal requires stockholder approval and regulatory authorizations, with Hart-Scott-Rodino clearance already secured. This amendment follows Synaptics' review of a competing proposal and subsequent negotiations.

Synaptics entered into an Amended and Restated Agreement and Plan of Merger with onsemi, reaffirming plans for Synaptics to become a wholly owned subsidiary of onsemi. Under the revised terms, Synaptics stockholders will receive $123 in cash per share at closing. The deal remains subject to customary conditions, including Synaptics stockholder approval and certain regulatory authorizations, with Hart-Scott-Rodino approval already obtained. The amendment follows Synaptics’ review of an unsolicited competing proposal and subsequent negotiations with onsemi.

Agreement details:

Agreement type: Amended and Restated Agreement and Plan of Merger
Counterparty: onsemi
Signed / Effective: Oct 01 2026 / Oct 01 2026
Reason: Advance acquisition by onsemi; deliver $123 per share in cash

Original SEC Filing: SYNAPTICS Inc [ SYNA ] - 8-K - Oct. 01, 2026

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