TechBloomberg Tech1h ago

Cirrus Logic Is Said to Have Bid for Synaptics

Cirrus Logic Is Said to Have Bid for Synaptics After Onsemi Deal

TL;DRCirrus Logic tried to buy Synaptics to block its OnSemi merger.

Why it matters: Consolidation in chipmaking affects device makers' component costs and supply options.

Semiconductor company Cirrus Logic Inc. made an unsolicited acquisition offer for Synaptics Inc. last month as it looked to spoil a previously announced deal with On Semiconductor Corp., according to people familiar with the matter.

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Source: Bloomberg Tech · Opens in new tab