ON Semiconductor Unveils $6.9 Billion Allegro Acquisition Proposal
2 months 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.
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