Onsemi in talks to buy chip startup Ferric for about $1 billion
The Information reports the deal could close within days, though terms may still change and the talks could fall through.
Onsemi is negotiating to acquire chip startup Ferric in a deal valued at about $1 billion, according to The Information. The deal could be completed within days, though the terms could still change or the talks could fall through.
The structure of the transaction was not disclosed. According to the report, the deal may include performance-based payments to Ferric.
Onsemi supplies semiconductors for power management in automotive, factory and AI data center applications.
The company has been active on the acquisition trail. In October 2025, it agreed to acquire listed company Synaptics for $5.7 billion in cash. Earlier, in May 2025, rival Analog Devices agreed to acquire Empower Semiconductor, a startup developing devices that improve AI chip power efficiency, for $1.5 billion.
Onsemi recorded $6 billion in revenue last year.
Quick answers
How much is Onsemi paying for Ferric?
The reported deal is valued at about $1 billion, according to The Information. The transaction structure was not disclosed and may include performance-based payments.
When could the Ferric deal be completed?
The report says the deal could be completed within days, though the terms could change or the talks could fall through.