Flexible Electronics News

ON Semiconductor Completes Acquisition of Quantenna Communications

Strengthens ON Semiconductor’s capabilities in advanced connectivity applications for industrial, automotive, and carrier markets.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

ON Semiconductor announced that the company has successfully completed its previously announced acquisition of Quantenna Communications, Inc. for $24.50 per share in an all cash transaction.
 
“The combination of Quantenna’s industry leading Wi-Fi technologies and ON Semiconductor’s leadership in power and analog semiconductors, coupled with the combined company’s broad sales and distribution reach, creates a formidable platform to address connectivity applications in industrial, automotive, and carrier markets,” said Keith Jackson, president and CEO of ON Semiconductor.
 
 

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters