Synaptics Inc (SYNA) rose 5.6% in pre-market trading after announcing a merger with ON Semiconductor. Triller Group Inc (ILLR) soared 126.7%.

June 25 : Onsemi said on Thursday it had agreed to acquire Synaptics in an all-stock deal valued at about $7 billion, potentially broadening the chipmaker's presence in the…

Onsemi will acquire Synaptics in an all-stock transaction worth $7 billion. The companies expect annual synergies of $200 million.

On Semiconductor said the deal bumps up its total addressable market by $30 billion to $243 billion by 2030.

ON Semiconductor to Buy Synaptics in All-Stock Deal with $7 Billion Enterprise Value

Synaptics Inc (SYNA) rose 5.6% in pre-market trading after announcing a merger with ON Semiconductor. Triller Group Inc (ILLR) soared 126.7%.

U.S. stock futures down, Nasdaq 100 futures drop over 1%. ON Semi to acquire Synaptics, ON shares fall 13%. Other stocks also down in pre-market.

ON Semiconductor stock drops while Synaptics jumps after announcing a massive $7B all-stock acquisition deal. Read the latest.

ON Semi to acquire Synaptics in all-stock deal, expanding capabilities in AI and edge-based applications. Analysts downgrade stock after deal.