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Onsemi in Talks to Buy Ferric for Nearly $1 Billion

Possible terms include payments to Ferric based on performance targets, but the deal structure is unclear.

Cleanroom tweezers hold a semiconductor chip under inspection light / TokenPost.ai
Cleanroom tweezers hold a semiconductor chip under inspection light / TokenPost.ai

Onsemi is discussing a possible purchase of chip startup Ferric in a deal valued close to $1 billion, with possible payments to Ferric based on performance targets.

The transaction’s structure remains unclear.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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