ON Semiconductor and Fairchild Semiconductor today announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market with combined revenue of approximately $5 billion, diversified across multiple markets with a strategic focus on automotive, industrial and smartphone end markets.
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Equal1 raises $60M to accelerate quantum computing using existing semiconductor manufacturing
$60M raised from ISIF, Atlantic Bridge Ventures, European Innovation Council Fund, Matterwave Ventures, Enterprise Ireland, Elkstone and TNO Ventures—bringing total funding to over $85M. Equal1 develops quantum processors on existing semiconductor fabs, bringing semiconductor-scale manufacturing Read more…