✉news BusinessStartups first seen 8 h ago, last 12 min ago, peak #6
Cirrus Logic quietly pursued Synaptics before Onsemi's improved offer
Original: Cirrus Logic made a secret run at Synaptics before Onsemi's deal got sweeter
Cirrus Logic made an undisclosed approach to acquire chipmaker Synaptics before Onsemi returned with a sweeter bid, according to a report. The revelation sheds light on the behind-the-scenes bidding interest in Synaptics, a maker of mixed-signal semiconductors, and raises questions about whether a competing offer could still emerge. Analysts are watching how the consolidation race among chipmakers plays out.
Why now: New reporting reveals a previously hidden suitor in the Synaptics takeover saga, fuelling speculation about a bidding war.
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