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Strengthens ON Semiconductor’s capabilities in advanced connectivity applications for industrial, automotive, and carrier markets.
June 21, 2019
By: DAVID SAVASTANO
ON Semiconductor announced that the company has successfully completed its previously announced acquisition of Quantenna Communications, Inc. for $24.50 per share in an all cash transaction. “The combination of Quantenna’s industry leading Wi-Fi technologies and ON Semiconductor’s leadership 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,” said Keith Jackson, president and CEO of ON Semiconductor.
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