FRIDAY, JULY 3, 2026|No. 5648
Business · M&A · Semiconductor

Synaptics Agrees to Be Acquired by onsemi in $7 Billion All-Stock Deal

Synaptics has agreed to be acquired by onsemi in an all-stock transaction valued at approximately $7 billion, marking a major consolidation in the semiconductor industry.

Synaptics and onsemi logos appear in a news release announcing the $7 billion acquisition.
Synaptics and onsemi logos appear in a news release announcing the $7 billion acquisition. · Photo by Jonas Svidras on Unsplash
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26 June 2026

Baker McKenzie Advises Synaptics in Proposed USD 7 Billion Acquisition by onsemi

Baker McKenzie advised Synaptics Incorporated (NASDAQ: SYNA) on its agreement to be acquired by onsemi (NASDAQ: ON) in an all-stock transaction valuing Synaptics at an enterprise value of approximately $7 billion.

Led by partners Leif King, Aarthi Belani, Derek Liu, and Piotr Korzynski, the Baker McKenzie team includes:

Corporate & M&A: Devin Muntz, David Fronckowiak, Alyssa Dickinson, Nick Neuteufel, Darius Adel, Zachary Bethel, Graham Streich, Kamari Koonce, Seong Hoon Yi, Weronika Achramowicz, Gwyneth Gu, Charlotte Chang, Anahita Thoms, Emily Johnson, Jasmine Hlas, Shanzeh Ahmed, Trevor Scully, John Puzder, Young Jin Lee, Hanna Wiejowska, Frederik Doerr, Scott Meselson, Jennifer Broder, Anita Huang, Jasmin Spörri, James Tenrai, Diana Bellido Gomes, Richard Gao, Toshiki Hirao, Fang-Yi Jen, Maki Kawamura, Guillaume Nataf, Anna Pawluczuk, and Sherry Xu

Capital Markets: Per Chilstrom, Kimberly Chi, Matthew Smith, Cecilia Maspero, and Cyerra McGowan

Antitrust: Brian Burke, Creighton Macy, Evan Harris, Marisa Dieken, Andrea Rivers, Samantha Mobley, Zareenah Rasool, Márton Horányi, András Horváth, Hee Eun Kim, Janet Kim, Pavlov Prokhorov, and Kayleigh Golish

International Commercial: Rod Hunter, Helena Engfeldt, Arlan Gates, Lise Test, Jacqueline Rotondi, Emily Thomson, Alexandre Lamy, Péter Mezei, Alison Stafford Powell, Niklas Wielandt, and Alexandra Kumar

Benefits: Christopher Guldberg, Sinead Kelly, M’Alyssa Mecenas, Annika Morin, and Jennifer Stecco

Employment: Kimberly Franko Lower, Erin Karnig, Victor Durham-Flores, and Ben Choi

Environmental: John Watson

Intellectual Property: Lothar Determann, Tom Oslovar, Tsugihiro Okada, Sean Shih, Juna Suekane, Emily Chan, Arlette Kagaba, Daniel Dai, Natalie Tantisirirat, Grace Gao, Marcia Lee, Samuel Lim, Mike Rubinger, and Amy Bing

Real Estate: Sarah Winston, Alexander Gong, Samuel Marbacher, Mika Yang, Valerie Bodevin, Jun Chen, Jessica Burns, Raphaelle Cayla, Kirandeep Chahal, Weronika Guerquin-Koryzma, Victoire Jure, Peter Moules, Marta Tomczak, and Tatenda Makanza

Tax: Matthew Schonholz, David Goldman, and Jayshree Narendran

Dispute Resolution: Peter Tomczak, Laura Liu, Yoshiaki Muto, Ryo Yamaguchi, Takumi Hasegawa, Rieko Yamauchi, Sarah Zhao, Brian Bornhoft, Stephen Crosswell, Yini Ouyang, and Misugi Kawabe

Baker McKenzie is a transactional powerhouse, with more than 2,500 deal practitioners in 45 countries offering leading expertise in the areas most critical for our clients. We excel in complex transactions and cross-border deals. We are global and local, combining money-market sophistication with local excellence.

Learn more on about the transaction here: onsemi to Acquire Synaptics to Enable the Next Generation.

PAN's pipeline reviewed approximately 1 open sources for this article. No human editor reviewed this article before publication.

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