On Semiconductor announces merger agreement with Ferric
Item 1.01 Enters material agreement, Item 7.01 Investor disclosure
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001193125-26-443681
- Merger agreement valued at $600 million in cash
- Up to $175 million in additional cash for revenue milestones
- Expected to close in Q4 2026
Written from the 8-K on EDGAR. Check the filing before you rely on it.
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- For the quarter ended July 3, 2026, ON SEMICONDUCTOR CORP reported revenue of $1.6 billion and net income of $226.8 million.
- The company's gross margin was 38.4%, operating margin 16.1%, and net margin 14.1% for the quarter.
- Revenue increased 9.2% compared to the same period a year earlier.
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