ON Semiconductor - M&A Summary and Business Overview

SemiconductorsCompany

ON Semiconductor M&A Summary

ON Semiconductor has acquired 16 companies, including 2 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 2 assets.

ON Semiconductor’s largest acquisition to date was in 2015, when it acquired Fairchild Semiconductor International for $2.4B. It’s largest disclosed sale occurred in 2016, when it sold ON Semiconductor - Select Product Portfolio to Littelfuse for $104M. ON Semiconductor has acquired in 6 different US states, and 3 countries. The Company’s most targeted sectors include semiconductors (86%) and electronics (8%).

ON Semiconductor Business Overview

Where is ON Semiconductor headquartered?

ON Semiconductor is headquartered in Phoenix, Arizona.

What is ON Semiconductor’s revenue?

ON Semiconductor disclosed revenue of 8,326M USD for 2022 and 6,740M USD for 2021.

How many employees does ON Semiconductor have?

ON Semiconductor has 31,000 employees.

What sector is ON Semiconductor in?

ON Semiconductor is a semiconductors company.

When was ON Semiconductor founded?

ON Semiconductor was founded in 1992.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity14
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 10
  • M&A Advisors 7

ON Semiconductor

ON Semiconductor Corp.

5005 East McDowell Road,
Phoenix, Arizona 85008
United States,
(602) 244-6600
www.onsemi.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 13 - 1 - - - 14
vol $5.9B $415M $6.4B
Sell (0.2/yr) # 1 - - 1 - - 2
vol $104M $104M
  16

Most Recent M&A

Company Date Value Type
ON Semiconductor - Wafer fabrication facility and Operations 2022-02-28 - Divestiture
South Portland, Maine
GT Advanced Technologies, Inc. 2021-08-25 415M USD Add-on Acquisition
Merrimack, New Hampshire · www.gtat.com
Quantenna Communications, Inc. 2019-03-27 1.1B USD Add-on Acquisition
Fremont, California · www.quantenna.com
ON Semiconductor Corp. - Select Product Portfolio 2016-08-25 104M USD Divestiture
Phoenix, Arizona
Fairchild Semiconductor International, Inc. 2015-11-18 2.4B USD Add-on Acquisition
San Jose, California · www.fairchildsemi.com
Aptina Imaging Corp. 2014-06-09 400M USD Add-on Acquisition
San Jose, California · www.aptina.com
Truesense Imaging, Inc. 2014-04-02 92M USD Add-on Acquisition
Rochester, New York · www.truesenseimaging.com
Cypress Semiconductor - CMOS Image Sensor Business Unit (ISBU) 2011-01-27 31M USD Divestiture
San Jose, California
SANYO Semiconductor Co., Ltd. 2010-07-15 367M USD Divestiture
Oragun, Japan
Sound Design Technologies Ltd. 2010-06-09 32M USD Add-on Acquisition
Burlington, Ontario · www.sounddesigntechnologies.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Semiconductors 12 (86%) 5.2B (82%) 1 (50%) -
Electronics 1 (7%) 92M (1%) - -
Technology Hardware 1 (7%) 1.1B (17%) - -
Automotive - - 1 (50%) 104M (100%)
Total 14 $6.4B 2 $104M

By Geo

State/Country Buy Value Sell Value
United States 12 6.0B 2 104M
  California 7 4.1B - -
  Rhode Island 1 250M - -
  New York 1 92M - -
  New Hampshire 1 415M - -
  Massachusetts 1 185M - -
  Idaho 1 915M - -
  Maine - - 1 -
  Arizona - - 1 104M
Canada 1 32M - -
  Ontario 1 32M - -
Japan 1 367M - -
Domestic 12 (86%) 6.0B (94%) 2 (100%) 104M (100%)
Cross-border 2 (14%) 399M (6%) - -
Total 14 $6.4B 2 $104M

Top M&A Advisors

Financial Deals
GCA Corp.
2
J.P. Morgan Securities
1
BofA Securities
1
Legal Deals
Morrison & Foerster LLP
3
DLA Piper
3

Deal Values

buy # Total
> $1B 2 $3.5B
$100M to $1B 7 $2.6B
< $100M 5 $235M
TOTAL $6.4B
Largest Fairchild Semiconductor International, Inc.
$2.4B (2015-11-18)
sell # Total
$100M to $1B 1 $104M
TOTAL $104M
Largest ON Semiconductor Corp. - Select Product Portfolio
$104M (2016-08-25)

M&A Connections

Deals
Acquired from
Investor(s)
29%
4 (29%)
Strategic(s)
14%
2 (14%)
Divested to
Strategic(s)
100%
2 (100%)

 Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.