ON Semiconductor completes acquisition of Quantenna communications

ON Semiconductor has announced that it has successfully completed its previously announced acquisition of Quantenna Communications for $1 Billion ($24.50 per share) in an all-cash transaction.

The combination of Quantenna’s Wi-Fi technologies and ON Semiconductor’s reputation in power and analog semiconductors, coupled with the combined company’s broad sales and distribution reach, creates a formidable platform to address connectivity applications in industrial, automotive, and carrier markets. Quantenna will be integrated into ON Semiconductor’s Analog Solutions, headed by Vince Hopkin.

ON Semiconductor is a supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC, and custom devices.

Quantenna is a provider of high-performance Wi-Fi solutions. Quantenna’s solutions combine semiconductor architecture with system-level software and cloud analytics with the goal of delivering the highest speed, broadest coverage, highest capacity, and most reliable performance.

Source: https://www.everythingrf.com/

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