onsemi to acquire Ferric
onsemi will acquire Ferric, a deal framed around power delivery for next-generation AI processors.
Story updates
09:08:22 PM UTC
SquawkNews
Acquisition expands AI Data Center revenue opportunityNews Highlights:SCOTTSDALE, Ariz., Nov. 02, 2026 (GLOBE NEWSWIRE) -- onsemi NASDAQ:ON today announced that it has entered into an agreement to acquire Ferric, Inc., an innovator in integrated voltage regulator (IVR) technology, for $600 million…
09:08:42 PM UTC
SquawkNews
onsemi to Acquire Ferric, Establishing Leadership in Power Delivery for Next-Generation AI Processor
09:08:45 PM UTC
SquawkNews
onsemi agreed to acquire Ferric for $600M in cash plus up to $175M in contingent consideration tied to revenue milestones. The deal is expected to close by year-end 2026, subject to customary conditions; onsemi raised its 2030 AI data center revenue target by $500M to greater than $3B.Material Deta…
09:09:13 PM UTC
SquawkNews
Acquisition expands AI Data Center revenue opportunity News Highlights: Establishes onsemi as a lead