Leading semiconductor company onsemi announced on the 25th in US time that it will acquire edge AI chip company Synaptics (Synaptics) through a stock-only consideration. The transaction is valued at approximately $7 billion (about 47.66 billion yuan), and is expected to be completed by mid-2027.

Their products are highly complementary, with expected synergies of $200 million.

According to the terms of the transaction, after the acquisition, Synaptics' existing shareholders, after full dilution, will hold about 12% of onsemi's shares. Meanwhile, one member of Synaptics' board will join onsemi's board. onsemi stated that the two companies have highly complementary product portfolios, and Synaptics brings a mature edge AI connectivity computing platform. This integration is expected to extend onsemi's business from AI infrastructure to the smart edge area, opening up more end markets in physical AI.

In terms of financial expectations, onsemi said the transaction will enhance non-GAAP earnings per share within 18 months after closing, with expected annual synergies of about $200 million, and the overall gross margin will remain consistent with onsemi's long-term financial model.

Synaptics has long focused on edge AI chip areas, and its products are widely used in scenarios such as smart homes, industrial IoT, and automotive electronics. Being acquired by onsemi marks the trend of traditional power semiconductor manufacturers accelerating their transformation towards AI edge computing. With the continued rise in demand for edge AI, this $7 billion acquisition may become an important footnote in the semiconductor industry's consolidation wave of 2026.