Onsemi

Onsemi Enlists Morgan Stanley in Strategic Pursuit of Allegro

13 hours ago

In a significant development within the semiconductor industry, Onsemi, a prominent player in the sector, has indicated its intention to acquire Allegro MicroSystems. To facilitate this ambitious pursuit, the company has recently engaged Morgan Stanley as a financial advisor. This strategic move underscores Onsemi's commitment to consolidating its position in the market and amplifying its capabilities in the high-performance chip sector.

ON Semiconductor Unveils $6.9 Billion Allegro Acquisition Proposal

26 days ago

ON Semiconductor has officially disclosed its intent to acquire Allegro MicroSystems, a prominent player in the semiconductor industry, in a deal valued at approximately $6.9 billion. This strategic move is poised to bolster ON Semiconductor's position within the rapidly evolving technology landscape and enhance its portfolio of advanced sensor and power management solutions.

Allegro Microsystems Causing a Stir as ON Semiconductor Eyes Potential Takeover

30 days ago

In the rapidly evolving semiconductor industry, Allegro Microsystems, a notable player specializing in the development of innovative sensing solutions, has reportedly attracted interest from ON Semiconductor for a potential acquisition. This news comes amid a broader industry trend where companies are keenly looking to consolidate their operations and enhance technological capabilities through strategic mergers and acquisitions.