M&A Deal Summary

ON Semiconductor Acquires Fairchild Semiconductor International

On November 18, 2015, ON Semiconductor acquired semiconductors company Fairchild Semiconductor International for 2.4B USD

Acquisition Highlights
  • This is ON Semiconductor’s 11th transaction in the Semiconductors sector.
  • This is ON Semiconductor’s largest (disclosed) transaction.
  • This is ON Semiconductor’s 10th transaction in the United States.
  • This is ON Semiconductor’s 6th transaction in California.

M&A Deal Summary

Date 2015-11-18
Target Fairchild Semiconductor International
Sector Semiconductors
Buyer(s) ON Semiconductor
Deal Type Add-on Acquisition
Deal Value 2.4B USD
Advisor(s) Goldman Sachs (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

Fairchild Semiconductor International

San Jose, California, United States
website
Fairchild Semiconductor International, Inc. is a designer, developer and manufacturer of logic, discrete, analog and non-volatile memory semiconductors.

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Buyer(S) 1

Buyer

ON Semiconductor

Phoenix, Arizona, United States

website


Category Company
Founded 1992
Sector Semiconductors
Employees31,000
Revenue 8.3B USD (2022)
DESCRIPTION
ON Semiconductor's corporate headquarters in Phoenix, Arizona.
ON Semiconductor's corporate headquarters in Phoenix, Arizona.

ON Semiconductor is a designer, developer, manufacturer, and marketer of semiconductor components that addresses the design needs of electronic systems and products. ON Semi supplies power and data management semiconductors and standard semiconductor components worldwide. ON Semiconductor was founded in 1992 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 12 of 14
Sector (Semiconductors) 11 of 12
Type (Add-on Acquisition) 9 of 11
State (California) 6 of 7
Country (United States) 10 of 12
Year (2015) 1 of 1
Size (of disclosed) 1 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-09 Aptina Imaging

San Jose, California, United States

Aptina Imaging Corp. is a provider of complementary metal–oxide–semiconductor (CMOS) imaging solutions with a growing portfolio of products that can be found in all the leading mobile phone and notebook computer brands.

Buy $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-25 ON Semiconductor - Select Product Portfolio

Phoenix, Arizona, United States

ON Semiconductor Corp. - Select Product Portfolio includes transient voltage suppression (“TVS”) diodes, switching thyristors and insulated gate bipolar transistors (“IGBT”) for automotive ignition applications.

Sell $104M