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Onsemi unveils US$6.9 billion bid to acquire Allegro MicroSystems

Joseph Chen, DIGITIMES Asia, Taipei 0

Credit: DIGITIMES

In a bold move that is shaking up the semiconductor industry, Onsemi has publicly disclosed an unsolicited proposal to acquire Allegro MicroSystems for US$35.10 per share in cash, valuing the deal at an impressive US$6.9 billion.

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