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What's driving Synaptics (SYNA)

Compiled from the engine's research, source claims and public filings in this dossier. Each has its own data date, listed below.

Research summary

Will the revised onsemi transaction for SYNA close and deliver its stated economics?

Why it matters now

The transaction's regulatory status, closing probability, and all-cash consideration directly affect the valuation of SYNA.

Next checkpoint

SYNA earnings (expected 2026-11-05)

This checkpoint sits on a shared driver. The engine does not explain how it carries over to SYNA, so treat it as context, not a verified checkpoint for this company.

What would break the thesis

A remaining regulator blocks or materially conditions the transaction, or the transaction fails to close despite the removal of the financing condition.

Research drivers

  • Will the revised onsemi transaction for SYNA close and deliver its stated economics?

    Bullish · Emerging · Updated

    The transaction has advanced through U.S. regulatory approval and no longer depends on onsemi financing, but completion remains subject to other jurisdictions' reviews.

Source claims

Source labels are as recorded in our data. The dossier does not include links to the originals, so these are not verified quotations.

  • The transaction has been approved by the U.S. Federal Trade Commission, while regulators in other jurisdictions are still reviewing it.

    Relayed by: Benzinga · Event date on record:

  • The revised transaction has an all-cash structure and is expected to be immediately accretive to onsemi’s non-GAAP earnings per share.

    Relayed by: Benzinga · Event date on record:

  • The amended agreement no longer includes a closing condition tied to onsemi’s financing.

    Relayed by: Benzinga · Event date on record:

  • The revised transaction will be funded through cash on hand and committed financing, including fully committed debt financing from Morgan Stanley, and financing is not a closing condition.

    Relayed by: Benzinga · Event date on record:

  • ON Semiconductor expects to achieve $200 million in synergies within 18 months of closing, with potential for additional synergies longer term.

    Relayed by: Benzinga · Event date on record:

Related sectors

Semiconductors

Filed holders

This dossier has no filed holders to show. That does not mean no institution holds it.