March 06, 2025--onsemi (NASDAQ: ON ... long-term relationship to support the procurement of autonomous driving (AD) and advanced driver assistance systems (ADAS) technologies.

(Bloomberg) -- ON Semiconductor Corp. made its pursuit of Allegro Microsystems Inc. public on Wednesday, disclosing an unsolicited bid valuing the company at $6.9 billion including debt.

Onsemi offered $35.10 per share for Allegro, up from a September proposal of $34.50, it said in a statement Wednesday, valuing the smaller company at an implied enterprise value of $6.9 billion ...

March 2 (Reuters) - Sensor integrated circuits provider Allegro Microsystems (ALGM.O), opens new tab is drawing takeover interest from larger competitor ON Semiconductor (ON.O), opens new tab ...

US chipmaker Onsemi has proposed an acquisition of Allegro MicroSystems for $35.10 per share in cash. According to Onsemi, the company has made “numerous attempts over the past six months to enter ...

The all-cash offer reflects a 57% premium over Allegro’s closing price on February 28, 2025, the last trading day before reports of onsemi’s acquisition interest surfaced. Allegro’s Board ...

Semiconductor solutions provider Allegro MicroSystems on Thursday rebuffed a $6.9 billion takeover approach from Onsemi, saying the offer was "inadequate" as it refused yet another approach from ...

(Bloomberg) — ON Semiconductor Corp. made its pursuit of Allegro Microsystems Inc. public on Wednesday, disclosing an unsolicited bid valuing the company at $6.9 billion including debt. The chip ...