Synaptics zpřístupnil vývojovou platformu Coralboard SL pro Edge AI v globální distribuční síti DigiKey a rovněž představil novou platformu Coralboard SR.
SAN JOSE, Calif., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced that the latest version of the Synaptics Coralboard is available for purchase through DigiKey starting today. Developed in collaboration with Google Research, the Coralboard SL is powered by the Synaptics Astra® SL2619, which integrates the 1 TOPS Synaptics Torq™ NPU featuring the first implementation of the Coral NPU. Following an initial limited-edition run, this version moves the platform to general availability through DigiKey’s global distribution network. The Coralboard portfolio is built for ultra-low power, always-on applications using ambient sensing, and is designed to deliver efficient, accelerated on-device inference for resource-constrained form factors.
Expanding the ecosystem and broadening developer choice, Synaptics also introduced the Coralboard SR, based on the newly launched Synaptics Astra® SR200 Series of xMCUs, a new class of AI-native, multimodal processors combining heterogeneous compute with integrated, high-bandwidth memory to bring vision, voice, and graphics to Edge and Physical AI systems.
The Coralboard family is designed to deliver a consistent Edge AI developer experience across the SL and SR versions thanks to the MLIR-based Synaptics Torq™ compiler and runtime. Synaptics’ Torq open-source toolchain supports widely used ML frameworks, giving developers a single path from model optimization through deployment. With an open, collaborative development and continuous refinement approach, Torq is designed to deliver day-0 support for Edge AI model families, such as Google Gemma3 270M (achieves up to 12-16 tokens/second with INT8 and 4-bit quantization respectively), LiquidAI LFM2.5, and Ultralytics YOLO26, employing active-research techniques such as batch-prefill and dynamic quantization.
Torq enables optimal execution across the Synaptics Astra processor portfolio by natively mapping model network layers to accelerator engines. Additionally, the open-source nature of Torq allows users to deploy agentic AI tools and workflows that parse through the source code and assist in feature-addition, performance customization, and debugging, promoting true Edge AI developer freedom.
The Synaptics Coralboard brings together the open hardware and software foundation for private, efficient Edge AI applications across wearables, hearables, smart home appliances, automation hubs, industrial control systems, and robotics.
Synaptics Coralboard SL comes with:
Astra SL2619 with 2x 2GHz Arm® Cortex® A55, Cortex-M52, 1 TOPS Torq/Coral NPU2GB DDR4, MicroSD card slot, NOR flash memoryCamera and display support via CSI/DSI and USBQWICC and mikroBUS connectorsAdd-on HATs for HDMI display, power, camera, and digital micsWi-Fi®/Bluetooth® connectivity through an M.2 expansion slot
Synaptics Coralboard SR offers:
Astra SR250 Series with 800MHz Arm Cortex M85, Cortex M52, 400 GOPS Torq/Coral NPUIntegrated SRAM up to 8MB and high-bandwidth custom DRAM up to 256MBMicroSD card slot, NOR flash memoryMulti-camera and display support via CSI/DSI and USB, dual ISPs, digital micsQWICC and mikroBUS connectorsWi-Fi/Bluetooth connectivity
Building on its work with Google Research, Synaptics extends the Coralboard portfolio with a shared goal to defragment the developer experience for Edge AI.
“Our collaboration with Synaptics started from a shared view of what open Edge AI hardware should look like, and the Coralboard SL was the first developer-ready solution we co-created,” said Billy Rutledge, Director, Google Research. “The Synaptics Astra SR200 series now brings the second generation of the Coral NPU IP with RISC-V vector core support into silicon, and the Coralboard SR puts that in developers’ hands. Each version widens what can run at the Edge without asking developers to start over.”
“The Synaptics Coralboard is a starting line the whole ecosystem can share,” said Olivier Lacombe, Product Director, Google DeepMind. “With Gemma models optimized and ready to run on Coralboard, developers can stop solving the same integration puzzle, scale the model as their application requirements evolve, and start building the things only they can imagine.”
“The Synaptics Coralboard was designed to address a developer need for an open, cost-optimized AI-native Edge platform for the IoT,” said Vikram Gupta, SVP & GM, Edge Compute and Connectivity Division, Synaptics. “The limited-edition run validated this thinking, and our partnership with DigiKey now puts the Coralboard within reach of engineers worldwide. Integrating the open-source Synaptics Torq™ compiler, AI/ML developers get a unified, consistent experience that scales across our Astra portfolio.”
“Edge AI is where the next wave of design activity is happening, and developers need a starting point they can trust,” said Mike Slater, Vice President of Global Business Development, DigiKey. “As the exclusive distribution partner for the Synaptics Coralboard, we are putting an open, production-ready design platform in front of millions of engineers in our global network.”
“We’re excited to see Liquid.AI’s LFM2.5 Edge AI models running on the Synaptics Astra® SL2619. Our models are going to help drive new opportunities for Edge AI,” said Alan Wong, Head of Silicon Partnerships at Liquid AI.
“NPU compilers have largely been closed, black-box toolchains, which makes an open-source compiler like Synaptics Torq™ stand out in our industry,” said Daniel Chang, CEO, ENERZAi. “As a contributor to the Torq project, we’ve seen first-hand how its open, MLIR-based design gives developers the freedom to inspect, extend, and optimize models to accelerators. At the same time, as an Edge AI software company commercializing 1.58-bit on-device AI agents, we see Torq as a flexible and compelling path to bring these models into real-world products.”
Availability
The Synaptics Coralboard is available to order from DigiKey starting October 20, 2026. For product details, documentation, and to get started, visit https://developer.synaptics.com/docs/developer-kits/coralboard.
About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra® AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, Facebook, Instagram, and YouTube, or visit www.synaptics.com.
Forward-Looking Statements Safe Harbor
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the capabilities and performance of the Synaptics Coralboard and Astra processors, the Torq compiler toolchain, developer adoption of the platform, the planned roadmap with multiple board versions at different performance and power points, and market opportunities in edge AI and physical AI applications. These statements involve risks and uncertainties including product development and availability delays, competitive pressures in edge AI hardware and software, actual developer adoption rates, supply chain constraints for semiconductors and components, the ability to deliver stated performance specifications, the sustainability of open-source projects, and macroeconomic conditions affecting demand. Actual results could differ materially from those projected. For more information on risks, please refer to Synaptics’ most recent Form 10-K and 10-Q filings with the SEC. Synaptics disclaims any obligation to update forward-looking statements except as required by law.
Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.
Media Contact
Neeta Shenoy
Synaptics
+1-408-425-2654 [email protected]
SAN JOSE, Calif., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Synaptics Incorporated (Nasdaq: SYNA) today introduced the xMCU, a new class of microcontrollers that runs multimodal Edge AI, with the launch of the Synaptics Astra® SR200 Series. Unlike conventional MCUs constrained by limited on-chip memory and compute, the xMCU combines heterogeneous, AI-native compute and acceleration with integrated high-bandwidth custom DRAM scalable to hundreds of megabytes, enabling larger AI models and richer multimodal workloads to run entirely on-device. The Astra SR200 Series of xMCUs is designed for the next generation of AI wearables, battery-powered sensing devices, connected cameras, streamers, and industrial vision and voice systems.
AI is increasingly shifting out of the cloud and into resource-constrained Edge devices. At the same time, the most compelling new Edge applications are not simply smaller versions of cloud workloads. They are device-native experiences that combine modalities such as voice, vision, audio, motion, and contextual sensing, and must respond privately, in real time. The Astra SR200 Series of xMCUs was created for exactly these applications, which outgrow the memory of traditional MCUs but can’t afford the power and cost of applications processors.
The SR200 Series is powered by the Synaptics Torq™ AI engine, which brings a standards-based hardware architecture and unified developer experience featuring the Coral NPU™ from Google Research. It also comes with the industry’s first pairing of the Arm® Cortex®-M85 and Cortex®-M52. Together with integrated vision and audio capabilities and hardware-rooted security, the SR200 Series brings unmatched system design efficiency and cost benefits to Edge and Physical AI designs.
Setting a new standard for the industry, the Astra SR200 Series is engineered around the following core vectors: high-performance compute with extensible memory; transformer-ready AI acceleration; silicon-rooted security; multimodal integration; ultra-low-power architecture with tiered domains; and an open-source software ecosystem, offering developer choice and OEM design flexibility.
The Synaptics Astra® SR200 Series launches with three pin-compatible product lines, giving OEMs and developers a common hardware foundation and a shared SDK. The SR210 is designed to deliver 200 GOPS for power-optimized, always-on voice and sensing; the SR230 adds vision, display, and optional audio at 300 GOPS for mainstream multimodal devices; and the SR250 enables 400 GOPS with dual vision and display paths for premium, demanding edge applications. Developers can scale performance while preserving their software investment and system architecture.
In the SR200 Series of xMCUs, memory is the foundation, not an afterthought. A tiered architecture pairs up to 8MB of SRAM with extensible, high-bandwidth, high-capacity custom DRAM that scales to hundreds of megabytes as AI models and workloads grow. Built around latency, retention, and power demands of Edge AI, this architecture runs workloads at one-third the power of typical system DRAM, eliminating the need for costly external memory in most applications at a fraction of the system power.
At the heart of the family is the Synaptics Torq™ AI engine integrating the Coral NPU, optimized for low latency and high-efficiency execution of deep learning workloads, including CNN, transformer, and fully connected networks. Its open-source MLIR/IREE compiler supports industry-standard frameworks and model formats in place of proprietary vendor toolchains, extending Coral’s Edge AI heritage into ultra-low-power, always-on IoT.
A high-performance core, scaling to 800MHz, tackles control, multimedia, and burst-compute workloads, while an efficiency core handles always-on sensor fusion, connectivity, and low-power inference. An optional Cadence® Tensilica® HiFi 5 DSP adds dedicated audio and acoustic ML processing, while an always-on domain manages voice activity detection, timekeeping, and wake-up.
The SR200 Series integrates a multi-layered security engine that combines hardware isolation, cryptographic acceleration, anti-tamper detection, device lifecycle management, and secure boot. The implementation conforms to PSA Level 3 and CC EAL4+ certification targets, providing protection against software and physical attacks.
The platform provides a broad peripheral and connectivity set, including high-speed octal SPI, SDIO and eMMC storage interfaces, UART, SPI, I2C, I3C, PWM, USB 2.0 and extensive low-power GPIO. Industrial variants add 1Gb Ethernet with IEEE 1588 TSN support and two CAN-FD interfaces, supporting deterministic networking and real-time industrial control for Physical AI and Robotics applications.
Supporting Zephyr RTOS and the open-source Torq NPU compiler, the SR200 Series brings groundbreaking performance and power efficiency to define a new category of MCU experiences for Edge and Physical AI.
“The next wave of AI will be defined by devices that understand their environment and act locally, while meeting tight power, cost, and form-factor requirements,” said Vikram Gupta, SVP and GM, Edge Compute & Connectivity Division, Synaptics. “With the Astra SR200 Series, we’re introducing a new class, the xMCU, that brings applications-processor capability into the MCU domain, running multimodal AI workloads that traditionally required Linux and discrete DRAM. It gives customers a scalable foundation for everything from intelligent sensing to advanced Edge and Physical AI systems.”
“Open technologies and strong partnerships are key to making Edge AI more accessible,” said Yossi Matias, Vice President and Head of Google Research. “Our ongoing work with Synaptics combines the Coral platform with Astra’s scalable hardware and developer ecosystem to power next-generation, wearable-class devices. We share a vision of turning advanced research into reality through real-world products, empowering developers to create faster, more useful, and responsive experiences.”
Global Customers and Partners Trust Synaptics to Drive the Future of Edge AI and Physical AI
Chris Bergey, EVP, Edge AI Arm
“AI is quickly becoming the most important use case for Edge devices, with workloads increasingly spanning always-on sensing and inference through to more demanding voice, vision, and multi-media processing. By bringing Arm Cortex-M85 and Cortex-M52 together for the first time, Synaptics is demonstrating how the Arm compute platform gives partners the flexibility to balance performance and efficiency across a growing range of intelligent Edge devices.”
Kurt Preston, Chief Supply Chain Officer, Sonos
“Sonos’ products do more than play music; they connect every room, every source, every user, into one system, wirelessly. Astra’s scalable Edge compute, audio processing, and low power performance are the kind of capabilities that matter as we push what's possible in audio. Delivering that requires partnership across every level of the organization, from joint development to production that scales with us.”
Cristina Rivas, Chief Technology Officer, Verisure
“The future of home security is devices that understand, not just detect, with privacy at the heart of the design. Synaptics' Astra portfolio of processors lets us run our own vision, voice, and audio AI models on the device itself, with the low-power capabilities our products demand. Combined with our professional monitoring teams, this helps provide faster, more responsive intervention and protection for the customers we serve, delivering a truly AI-enhanced human service. We value Synaptics as a technology partner in making that possible.”
Lerdah Wang, CEO, Jorjin Technologies
“Next-generation AR wearables, including industrial smart glasses, demand real-time perception, contextual understanding, and seamless user interaction at the Edge. By leveraging the integrated vision and audio architecture, extensible DRAM support, and high-efficiency Torq™ NPU of the Synaptics Astra® SR200 Series, we can execute complex scene understanding, low-latency overlay rendering, and continuous voice processing on a single, highly integrated SoC. As the CEO at Jorjin, I see a transformative opportunity to merge Synaptics’ industry-changing SR200 platform with Jorjin’s cutting-edge AI solutions to accelerate the commercialization of the next-generation products.”
Enco Liew, VP, Value Line Business Center, Accton Technology Corporation
“Synaptics has been a valued engineering partner as we explore the Astra® processor family, bringing strong expertise in both AI software and hardware capabilities. The Astra SR200 Series introduces an exciting approach to MCU design, with potential applications in AI-driven automation, intelligent edge devices, and industrial IoT. We look forward to exploring how this technology could enable new possibilities across our future product portfolio.”
About Synaptics Incorporated
Synaptics (Nasdaq:
SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra® AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, Facebook, Instagram, and YouTube, or visit www.synaptics.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include references to the capabilities, benefits, and market potential of the Astra SR200 Series, statements regarding AI market trends and device adoption, and expectations regarding customer deployments and product commercialization. These statements are subject to risks and uncertainties, including: technology development challenges and delays; actual product performance characteristics; competitive product introductions; manufacturing and supply chain constraints; customer and partner relationships; regulatory changes; adoption rates and demand for edge AI platforms, and macroeconomic conditions. Actual results may differ materially from those expressed or implied in this press release. For more information on risks, please refer to Synaptics' most recent Form 10-K and 10-Q filings with the SEC. Synaptics disclaims any obligation to update forward-looking statements except as required by law.
Media Contact
Neeta Shenoy
Synaptics
+1-408-425-2654 [email protected]
Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.
Rahul G. Patel reported a sale of 2,276 shares of Synaptics Incorporated (SYNA -0.32%) in an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$213,557Shares sold2,276Post-transaction shares (directly held)186,515Post-transaction value$17.8 millionTransaction value based on SEC Form 4 weighted average sale price ($93.83); post-transaction value based on Sept. 21 market close ($95.36).
Company OverviewMetricValueShare Price (as of Sept. 21 market close)$95.36Market Capitalization$3.6 billionRevenue (TTM)$1.2 billionNet Loss (TTM)-$490.8 millionCompany SnapshotSynaptics, established in 1986 and headquartered in San Jose, California, is a global semiconductor solutions provider with approximately 1,700 employees.
Synaptics develops and markets semiconductor product solutions, including AudioSmart for advanced sound and voice processing, ConnectSmart for high-speed multimedia connectivity, and DisplayLink for compressed video transmission, generating revenue across audio, video, and connectivity solutions.The company operates a fabless semiconductor business model, designing specialized chips for human-machine interface and multimedia connectivity applications.Synaptics serves original equipment manufacturers and system integrators in consumer electronics, computing, and mobile device markets, with primary customers including major PC, smartphone, and IoT device manufacturers.What this transaction means for investorsInvestors tend to get their haunches up when they see a key insider, like the CEO, dispose of shares. In this case, Patel was one of several insiders to sell shares at the same time. Aside from CEO Patel, VP/Controller Esther Song, and SVP/Chief Legal Officer Lisa Bodensteiner also sold stock.
However, investors shouldn’t read anything into the transactions. That’s because they sold shares under 10b5-1 plans. These trading plans are set up ahead of time between insiders (e.g., directors and officers) with access to key information. They set terms like the timing and number of shares.
Designed to avoid the appearance of insider trading on material, nonpublic information, which means investors can’t glean any information from these transactions.
Shareholders have been rewarded for owning Synaptics’ stock. This year, the stock gained 58.3% through Oct. 16. That easily beat the tech-heavy Nasdaq Composite’s total return of 13%.
Source: SEC Form 4 filing for SYNA | Filed: Sept. 21
Lawrence Rothman, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Synaptics. The Motley Fool has a disclosure policy.
onsemi převezme společnost Synaptics za 5,7 miliardy USD v hotovosti, což je o 18,57 % méně než původní nabídka. Očekává se, že transakce po dokončení okamžitě zvýší zisk na akcii.
onsemi’s NASDAQ: ON all-stock bid to acquire Synaptics NASDAQ: SYNA initially depressed the share price, but now things are different. The massive share price decline undercut the value of the all-stock Synaptics bid, enabling a competing suitor to enter the mix.
Faced with a superior offer, onsemi made the nimble pivot to an all-cash deal, securing its bid and accelerating a major transformation—from component provider to end-to-end physical AI systems original equipment manufacturer (OEM)—and at better terms.
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onsemi Today
$86.31 +0.38 (+0.45%)
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$44.56▼
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Why is the move so brilliant? Four key reasons: dilution, price tag, accretion, and ownership. The original deal was all stock, meaning onsemi would dilute its shares, the ultimate cause of its share price plunge. The new deal is all cash, which means no dilution or overhang and improves the equation on price, accretion, and ownership.
The price tag is now $5.7 billion, down 18.57% from the initial offer, with the share count unchanged. More importantly, the revised structure is expected to be immediately accretive to earnings upon closing, compared with accretion within 18 months under the original agreement. Finally, ownership: onsemi shareholders retain 100% ownership, sharing no part of the business with Synaptics’ investors, who will receive $123 per share, a nearly 35% premium to the 150-week exponential moving average price.
onsemi’s Metamorphosis Is Nearly Completeonsemi’s transition is significant, and the metamorphosis is nearly complete. While hurdles remain, they are low, given the Federal Trade Commission’s Early Termination Notice. It effectively indicates that the deal does not raise significant competition concerns and can close more quickly than usual. As it stands, the deal is set to close by mid-next year, setting the stage for onsemi’s next phase.
What Synaptics brings to onsemi complements its already robust portfolio of power control and sensing devices, adding wireless connectivity, neural processing units (NPUs), and the Astra AI platform. Product highlights include ultra-low power consumption, edge AI without cloud backup, and an easy-to-use open-source framework.
Wireless connectivity spans the range, enabling autonomous machines to access local networks and Wi-Fi. More importantly, Synaptics’ industry-leading NPUs solve a critical hurdle—obsolescence—through a dual-brain approach developed in deep partnership with Alphabet NASDAQ: GOOGL.
Synaptics’ contribution handles on-site tasks such as sensing, while Alphabet’s contribution is programmable, allowing it to adapt to inevitable code changes and upgrades. Together, onsemi and Synaptics cover the four pillars of physical AI—power, sensing, connected compute, and control—in a single package, making it a base layer developers can build on.
onsemi: Critical to NVIDIA’s Long-Term Plansonsemi is already central to NVIDIA’s NASDAQ: NVDA near-term AI plans, providing essential power delivery technology that can handle the loads data centers require, especially next-generation 800VDC architectures. It is also pivoting alongside NVIDIA’s shift to focus on physical AI and robotics, positioning itself as the muscles and nervous system for NVIDIA’s AI brains. Execs estimate the opportunity at $6 billion by 2030, with onsemi capturing $900 in value per humanoid robot.
Analysts' trends reflect confidence in the shift, but they moderated their price targets following the initial acquisition announcement. It brought dilution and execution risks, and only one has been mitigated. Key details also include the consensus analyst rating and price target range, which show a 50% Buy-side bias within the Moderate Buy rating and room for a robust price recovery. The consensus price target offers minimal upside but is sufficient to trigger a technical reversal, while the high-end target suggests the potential to reach fresh all-time highs.
Institutions will be the deciding factor. The group owns nearly 98% of the stock, reflecting strong confidence, and underpins all major sustainable price movements. That includes the early 2026 price plunge, which helped set up today’s opportunity. While selling may continue, this market no longer has an overhang; instead, it has a catalyst that only needs to be executed to deliver immediate value gains. In this scenario, institutions might not revert to immediate accumulation, but they are likely to stop selling, freeing up price action.
The only bad news is that buybacks will pause. However, the new structure and onsemi's balance sheet mean it can finance the deal mostly with cash on hand. Morgan Stanley NYSE: MS has agreed to finance the remainder, up to $2.5 billion, an easy figure for onsemi to pay off. Execs target a 25% to 30% free cash flow margin, sufficient to pay off the new debt within 18 to 24 months. What will remain is a larger, better-positioned company with greater revenue, cash-generating, and capital-returning capacity.
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onsemi a Synaptics upravily smlouvu o fúzi: onsemi koupí Synaptics za 123 USD za akcii v hotovosti, celkem asi za 5,7 miliardy USD. Transakce má být okamžitě zvyšující pro non-GAAP EPS onsemi.
Revised Terms to Deliver Higher onsemi Shareholder Value through Immediate EPS Accretion
Amended Agreement Follows Thorough Review of Unsolicited Competing Proposal
SCOTTSDALE, Ariz. and SAN JOSE, Calif., Oct. 01, 2026 (GLOBE NEWSWIRE) -- onsemi (NASDAQ: ON) and Synaptics Incorporated (NASDAQ: SYNA) ("Synaptics") today announced they have amended their June 25, 2026 merger agreement. The amendment follows an unsolicited competing proposal received from a third party.
Under the revised agreement, onsemi will acquire Synaptics for $123 per share in cash for an aggregate value of approximately $5.7 billion as compared to approximately $7 billion for the prior agreement. The transaction is expected to be immediately accretive to onsemi’s non-GAAP earnings per share and provides value certainty for Synaptics’ shareholders.
“As was the case when we initially announced the acquisition, Synaptics addresses an important aspect of our strategic direction, and we believe the revised merger agreement represents a more financially attractive transaction for our shareholders,” said Hassane El-Khoury, President and CEO of onsemi. “The all-cash transaction delivers higher value to our shareholders through lower total cost consideration, and we now expect the transaction to be immediately accretive to non-GAAP EPS upon closing. In addition, we have identified incremental opportunities to create shareholder value beyond the previously announced $200 million of annual run-rate synergies. These additional benefits from revenue synergies and insourcing of a portion of Synaptics’ production are expected to be realized after the initial 18 months post-close, further strengthening the long-term earnings and cash flow profile of the combined company.”
El-Khoury continued, “Synaptics is accretive to our long-term model, with a strong growth outlook and attractive gross margin profile that will help accelerate onsemi’s evolution. Additionally, Synaptics complements growth in our AI data center business, and brings to onsemi its highly profitable human-machine interface, and sensing products businesses that generate strong and predictable cash flows, providing the combined company with a durable funding engine to accelerate its connected compute capabilities.”
After careful review with its financial and legal advisors, the Synaptics Board unanimously determined that the onsemi transaction, as amended, continues to be in the best interests of Synaptics and its shareholders.
"Our Board has been singularly focused on delivering the best outcome for our shareholders, and today's amended agreement reflects that commitment," said Rahul Patel, Synaptics President and CEO. “By transitioning to an all-cash structure, we are providing value certainty at a meaningful premium as compared to current value. We are confident this path is the right choice for our shareholders."
The transaction will be financed through a combination of cash on hand and committed financing. onsemi has obtained fully committed debt financing from Morgan Stanley. The amended merger agreement does not include a closing condition related to onsemi’s financing.
The transaction is still expected to close by mid-2027, subject to approval by Synaptics shareholders, the receipt of required regulatory approvals and other customary closing conditions. The transaction has been approved by the United States Federal Trade Commission, and regulators in other jurisdictions are reviewing the transaction.
More Information:
Investor Presentation: onsemi & Synaptics Revised Merger Terms About onsemi
onsemi (Nasdaq: ON) delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end-markets. With a highly differentiated and innovative product portfolio, onsemi helps customers solve complex challenges to achieve higher efficiency, improved performance, and lower system cost, while supporting a safer, cleaner, and more energy-efficient world. The company is part of the S&P 500® index. Learn more at www.onsemi.com.
About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is a force behind the next generation of technology enhancing how we live, work, and play.
Contact Information
onsemi
Parag Agarwal
Vice President - Investor Relations & Corporate Development
onsemi
(602) 244-3437 [email protected]
Krystal Heaton
Director, Head of Public Relations
onsemi
(480) 242-6943 [email protected]
Synaptics
Munjal Shah
Vice President – Investor Relations
Synaptics
(408) 518-7639 [email protected]
¹ The presentation available on onsemi’s website does not constitute a part of, and is not incorporated by reference into, this press release.
This press release relates to onsemi’s proposed acquisition of Synaptics and includes “forward-looking statements,” as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this press release could be deemed forward-looking statements, particularly statements about the future financial performance of onsemi. Forward-looking statements can often be identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “strategy,” “targets,” “will,” or “would,” or similar expressions or by discussions of strategy, plans, expectations, projections or intentions. All forward-looking statements in this document are made based on onsemi’s and Synaptics’ current expectations, forecasts, estimates and assumptions, all of which are subject to change, and involve risks and uncertainties, which, along with other factors, could cause results and events to differ materially from those expressed in the forward-looking statements. These factors include, but are not limited to, the risk that the conditions to the closing of the transaction are not satisfied, including the risk that required approvals from regulators or the stockholders of Synaptics for the transaction are not obtained; litigation relating to the transaction; uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; risks that the proposed transaction disrupts the current plans and operations of onsemi or Synpatics, including restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; the ability of onsemi or Synaptics to retain and hire key personnel; competitive responses to the proposed transaction; unexpected costs, charges or expenses resulting from the transaction; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; legislative, regulatory and economic developments; and unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as onsemi’s or Synaptics response to any of the aforementioned factors. Certain additional factors that could affect onsemi’s future results or events are described under Part I, Item 1A “Risk Factors” in the 2025 Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 9, 2026 (the “2025 Form 10-K”) and from time to time in onsemi’s other SEC reports. Readers are cautioned not to place undue reliance on forward-looking statements. Neither onsemi nor Synaptics assumes any obligation to update such information, which speaks only as of the date made, except as may be required by law.
Investing in onsemi’s or Synaptics’ securities involves a high degree of risk and uncertainty, and you should carefully consider the trends, risks and uncertainties described in this press release, onsemi’s 2025 Form 10-K, Synaptics' 2026 Form 10-K and other reports filed with or furnished to the SEC before making any investment decision with respect to onsemi’s or Synaptics' securities. If any of these trends, risks or uncertainties actually occurs or continues, onsemi’s or Synaptics' business, financial condition or operating results could be materially adversely affected, the trading price of onsemi’s securities could decline, and you could lose all or part of your investment. All forward-looking statements attributable to onsemi, Synaptics or persons acting on onsemi’s or Synaptics' behalf are expressly qualified in their entirety by this cautionary statement.
Important Additional Information about the Transaction and Where to Find It
The proposed transaction will be submitted to the stockholders of Synaptics for their consideration. In connection with the proposed transaction, Synaptics will file with the SEC a preliminary proxy statement on Schedule 14A. Promptly after filing its definitive proxy statement with the SEC, Synaptics will send the definitive proxy statement to each stockholder entitled to vote at the special meeting relating to the transaction. Synaptics also plans to file other documents with the SEC regarding the proposed transaction. This document is not a substitute for the proxy statement or any other document which Synaptics may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. You may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC’s website (www.sec.gov). In addition, investors and stockholders will be able to obtain free copies of the definitive proxy statement, preliminary proxy statement and other documents filed with the SEC by Synaptics on the Synaptics Investor Relations website at https://investor.synaptics.com/.
Participants in the Solicitation
Synaptics, onsemi, and certain of their respective directors, executive officers and other members of management and employees, under SEC rules may be deemed to be participants in the solicitation of proxies from Synaptics stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Synaptics stockholders in connection with the proposed transaction, and a description of their direct and indirect interests, by security holdings or otherwise, will be set forth in the proxy statement when it is filed with the SEC. You can find more detailed information about Synaptics’ executive officers and directors under the headings “Proposal 1 – Election of Directors,” “Director Compensation,” “Compensation Discussion and Analysis,” “Named Executive Officer Compensation Tables,” “CEO Pay-Ratio Disclosure,” “Pay Versus Performance Disclosure” and “Beneficial Ownership of Certain Stockholders” in its definitive proxy statement filed with the SEC on September 15, 2026. To the extent holdings of Synaptics common stock by the directors and executive officers of Synaptics have changed from the amounts of Synaptics common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=817720&owner=exclude under the tab “Ownership Disclosures”. You can find more detailed information about onsemi’s executive officers and directors under the headings “The Board of Directors and Corporate Governance,” “Compensation of Executive Officers” and “Stock Ownership” in its definitive proxy statement filed with the SEC on April 2, 2026. To the extent holdings of onsemi common stock by the directors and executive officers of onsemi have changed from the amounts of onsemi common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1097864&owner=exclude under the tab “Ownership Disclosures”. Additional information about Synaptics’ executive officers and directors and onsemi’s executive officers and directors can be found in the above-referenced proxy statement when it becomes available.
Synaptics oznámila okamžitou rezignaci finančního ředitele Kena Rizviho. Do uzavření plánované fúze s onsemi bude Rahul Patel působit jako hlavní finanční ředitel.
SAN JOSE, Calif., Aug. 21, 2026 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced that Ken Rizvi has resigned from his position as Chief Financial Officer, effective immediately, to pursue another opportunity. Mr. Rizvi will remain employed in an advisory role through September 30, 2026 to assist with the transition of his responsibilities.
Synaptics has elected not to conduct a search at this time for a successor CFO due to the announcement on June 25, 2026 of the pending merger between Synaptics and onsemi. Rahul Patel, President and CEO, will serve as the principal financial officer through the closing of the merger.
Mr. Kermit Nolan, Synaptics' former Chief Accounting Officer, is returning as a consultant to advise the internal team through the transition. Over his 20-year tenure, he held several roles at the company, including acting CFO.
“Synaptics has a strong and experienced finance organization, and we are confident in the team’s ability to ensure continuity through the pending transaction,” said Rahul Patel, President and CEO, Synaptics. “Our strategic priorities and focus on driving success across Edge AI and Physical AI markets remain unchanged. I would like to thank Ken for his contributions to our success over the past few years and wish him the best in his new role.”
About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users, and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra® AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, Facebook, Instagram, and YouTube, or visit www.synaptics.com.
Cautionary Statement Regarding Forward-Looking Statements
This communication relates to a proposed business combination transaction between Synaptics Incorporated and ON Semiconductor Corporation. This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Synaptics’ and onsemi’s current expectations, estimates and projections about the expected date of closing of the proposed transaction and the potential benefits thereof, their respective businesses and industries, management’s beliefs and certain assumptions made by Synaptics and onsemi, all of which are subject to change. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “projects,” “strategy,” or “anticipates,” or the negative of those words or other comparable terminology that convey uncertainty of future events or outcomes.
These forward-looking statements involve known and unknown risks and uncertainties, which may cause Synaptics’ or onsemi’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Factors and risks that may impact future results and performance include, but are not limited to, the following factors: (1) the risk that the conditions to the closing of the transaction are not satisfied, including the risk that required approvals from regulators or the stockholders of Synaptics for the transaction are not obtained; (2) litigation relating to the transaction; (3) uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; (4) risks that the proposed transaction disrupts the current plans and operations of Synaptics or onsemi, including restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; (5) the ability of Synaptics and onsemi to retain and hire key personnel; (6) competitive responses to the proposed transaction; (7) unexpected costs, charges or expenses resulting from the transaction; (8) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; (9) the combined companies’ ability to achieve the growth prospects and synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating the combined companies’ existing businesses; (10) uncertainty as to the long-term value of onsemi’s common stock; (11) legislative, regulatory and economic developments; and (12) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as Synaptics’ and onsemi’s response to any of the aforementioned factors. These risks, as well as other risks associated with the proposed transaction, will be more fully discussed in the proxy statement/prospectus that will be included in the Registration Statement on Form S-4 that will be filed with the SEC in connection with the proposed transaction. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements.
In addition, actual results are subject to other risks and uncertainties that relate more broadly to Synaptics’ overall business, including those more fully described in Synaptics’ filings with the Securities and Exchange Commission (“SEC”) including its annual report on Form 10-K for the fiscal year ended June 27, 2026, and its quarterly reports filed on Form 10-Q for the current fiscal year, and onsemi’s overall business and financial condition, including those more fully described in onsemi’s filings with the SEC including its annual report on Form 10-K for the fiscal year ended December 31, 2025, and its quarterly reports filed on Form 10-Q for its current fiscal year. Forward-looking statements are not guarantees of performance, and speak only as of the date made, and neither Synaptics nor its management undertakes any obligation to update or revise any forward-looking statements.
No Offer or Solicitation
This communication is for informational purposes only and does not constitute, or form a part of, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Important Additional Information about the Transaction and Where To Find It
The proposed transaction will be submitted to the stockholders of Synaptics for their consideration. In connection with the proposed transaction, onsemi will file with the SEC a Registration Statement on Form S-4 that will include a proxy statement of Synaptics and that also constitutes a prospectus of onsemi. Each of Synaptics and onsemi will provide the proxy statement/prospectus to Synaptics stockholders. Synaptics and onsemi also plan to file other documents with the SEC regarding the proposed transaction. This document is not a substitute for any prospectus, proxy statement or any other document which Synaptics or onsemi may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. You may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC’s website (www.sec.gov). In addition, investors and stockholders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC by the parties on Synaptics Investor Relations at https://investor.synaptics.com/ (for documents filed with the SEC by Synaptics) or onsemi Investor Relations at https://investor.onsemi.com/ (for documents filed with the SEC by onsemi).
Participants in the Solicitation
Synaptics, onsemi, and certain of their respective directors, executive officers and other members of management and employees, under SEC rules may be deemed to be participants in the solicitation of proxies from Synaptics stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Synaptics stockholders in connection with the proposed transaction, and a description of their direct and indirect interests, by security holdings or otherwise, will be set forth in the proxy statement/prospectus when it is filed with the SEC. You can find more detailed information about Synaptics’ executive officers and directors under the headings “Proposal 1 – Election of Directors,” “Director Compensation,” “Compensation Discussion and Analysis,” “Named Executive Officer Compensation Tables,” “CEO Pay Ratio Disclosure,” “Pay Versus Performance Disclosure” and “Beneficial Ownership of Certain Stockholders” in its definitive proxy statement filed with the SEC on September 16, 2025. To the extent holdings of Synaptics common stock by the directors and executive officers of Synaptics have changed from the amounts of Synaptics common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=817720&owner=exclude under the tab “Ownership Disclosures”. You can find more detailed information about onsemi’s executive officers and directors under the headings “The Board of Directors and Corporate Governance,” “Compensation of Executive Officers” and “Stock Ownership” in its definitive proxy statement filed with the SEC on April 2, 2026. To the extent holdings of onsemi common stock by the directors and executive officers of onsemi have changed from the amounts of onsemi common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1097864&owner=exclude under the tab “Ownership Disclosures”. Additional information about Synaptics’ executive officers and directors and onsemi’s executive officers and directors can be found in the above-referenced Registration Statement on Form S-4 when it becomes available.
Investor Relations
Munjal Shah
Synaptics
+1-408-518-7639 [email protected]
Media Contact
Neeta Shenoy
Synaptics
+1-408-425-2654 [email protected]
Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.
Synaptics ve 4. čtvrtletí zvýšila tržby o 9 % na 308 milionů USD a zisk na akcii na 1,23 USD, tažený 24,2% růstem prodejů Core IoT. Kvůli chystané akvizici onsemi neposkytla výhled.
Key Takeaways Synaptics' Q4 revenues rose 8.9% as Core IoT sales jumped 24.2% year over year.SYNA's non-GAAP operating income rose 29.1%, while gross margin expanded to 54.5%. Synaptics withheld guidance due to its pending all-stock acquisition by onsemi. Synaptics (SYNA - Free Report) reported fourth-quarter fiscal 2026 non-GAAP earnings of $1.23 per share, which increased 21.8% year over year and beat the Zacks Consensus Estimate by 1.65%.
Revenues increased 9% year over year to $308 million and surpassed the consensus mark by 0.98%. Core IoT product sales grew 24% year over year in the reported quarter to $104.6 million. Management said continued strength in Core IoT drove upside during the quarter, while performance across all major product categories was in line with expectations.
Enterprise and Automotive product applications produced $164.3 million in revenues, up 9.8% year over year. Mobile product application revenues declined 20.2% to $39.1 million, partly offsetting growth in the other two categories.
SYNA’s Q4 Operating DetailsNon-GAAP gross margin expanded 100 basis points (bps) year over year to 54.5%.
Non-GAAP research and development expenses increased 3.1% year over year to $75.7 million.
On a non-GAAP basis, selling, general and administrative expenses increased 2.9% to $32 million.
Non-GAAP operating income increased 29.1% year over year to $60.3 million. Non-GAAP operating margin reached 20%, its highest level in 13 quarters and an improvement of 300 bps year over year.
SYNA Generates Cash Flow & Returns CapitalAs of June 27, 2026, Synaptics had $442.5 million in cash and cash equivalents. Total debt stood at $837.3 million.
For the period ended June 27, 2026, net cash provided by operating activities increased to $149.4 million from $142 million as of June 27, 2025.
Synaptics returned capital to shareholders, repurchasing $92.7 million of common stock during the period ended June 27, 2026.
SYNA Withholds Outlook Amid Pending onsemi DealSynaptics did not provide forward-looking financial guidance or schedule a quarterly earnings conference call because of its pending acquisition by onsemi. The companies entered into a definitive all-stock merger agreement on June 25, 2026.
Management said its strategic priorities remain focused on Physical AI and Edge AI. The company reported expanding customer engagements, increased design wins and a growing pipeline across key markets, including Physical AI and robotics. Synaptics plans to begin sampling its AI-native Astra SR-Series microcontrollers for emerging Edge AI applications this fall.
SYNA Zacks Rank & Stocks to ConsiderCurrently, Synaptics carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector include Kimball Electronics (KE - Free Report) , NVIDIA (NVDA - Free Report) and Inuvo (INUV - Free Report) . Currently, Kimball Electronics and Inuvo each sport a Zacks Rank #1 (Strong Buy), while NVDA carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Kimball Electronics have lost 6.1% in the year-to-date period. KE is set to report the fourth quarter of fiscal 2026 results on Aug. 12.
Inuvo shares have plunged 58.5% in the year-to-date period. INUV is set to report first-quarter fiscal 2027 results on Aug. 11.
Shares of NVIDIA have gained 20.1% in the year-to-date period. NVDA is slated to report second-quarter 2026 results on Aug. 26.
Synaptics oznámil zisk na akcii 1,23 USD a tržby 308 milionů USD za čtvrtletí končící v červnu 2026, obojí nad odhady. Zisk i tržby překonaly konsensus už počtvrté za poslední čtyři čtvrtletí.
Synaptics (SYNA - Free Report) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.65%. A quarter ago, it was expected that this maker of touch-screen technology would post earnings of $1.01 per share when it actually produced earnings of $1.09, delivering a surprise of +7.92%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Synaptics, which belongs to the Zacks Electronics - Semiconductors industry, posted revenues of $308 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.98%. This compares to year-ago revenues of $282.8 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Synaptics shares have added about 35.3% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Synaptics?While Synaptics has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Synaptics was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.27 on $318.16 million in revenues for the coming quarter and $5.34 on $1.32 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Semiconductors is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Broadcom Inc. (AVGO - Free Report) , has yet to report results for the quarter ended July 2026.
This chipmaker is expected to post quarterly earnings of $3.22 per share in its upcoming report, which represents a year-over-year change of +90.5%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level.
Broadcom Inc.'s revenues are expected to be $29.47 billion, up 84.7% from the year-ago quarter.
Synaptics uvedl, že má už více než 35 zákazníků v robotice a fyzické AI. Produktový šéf Vikram Gupta mezitím prodal 1 848 akcií, z toho většinu kvůli daním.
Vikram Gupta, the chief product officer at Synaptics Incorporated (SYNA +5.04%), disposed of 1,848 shares of common stock in transactions completed on July 17, 2026, and July 20, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$211,023Shares sold1,848Post-transaction shares (directly held)81,586Post-transaction value$9.27 millionTransaction value based on SEC Form 4 weighted average sale price ($114.19); post-transaction value based on July 20, 2026 market close ($113.60).
Key questionsWhat was the primary driver for this disposition of equity?
Approximately 80% of the total volume—1,488 shares—was non-discretionary, as these shares were withheld by the company to satisfy tax withholding obligations triggered by the settlement of restricted stock units.How does the discretionary sale align with the insider’s trading strategy?
The sale of 360 shares was executed pursuant to a Rule 10b5-1 trading plan established on September 12, 2025, which provides a structured framework for liquidity that is not contingent on current market conditions.What is the recent financial and market context for the company?
Synaptics stock achieved a one-year gain of 72% as of the July 20, 2026, transaction date, while reporting trailing-twelve-month revenue of $1.2 billion and a net loss of $48.1 million.Does the insider retain a meaningful stake in the company?
Yes, Vikram Gupta remains a direct shareholder with 81,586 shares, representing approximately 0.2% of the firm, which had a market capitalization of $4.5 billion as of the July 17, 2026, market close.Company OverviewMetricValueShare Price (as of market close 2026-07-17)$114.05Market Capitalization$4.5 billionRevenue (TTM)$1.2 billionNet Income (TTM)-$48.1 millionCompany SnapshotSynaptics develops and markets semiconductor product solutions, including AudioSmart for advanced sound and voice processing, ConnectSmart for high-speed multimedia connectivity, and DisplayLink for compressed video transmission, generating revenue across audio, video, and connectivity solutions.The company operates a fabless semiconductor business model, designing specialized chips for consumer electronics and computing devices while leveraging third-party manufacturing partners to optimize capital efficiency and scalability.Synaptics serves original equipment manufacturers and system integrators in the personal computing, mobile, and consumer electronics markets, with primary customers including major laptop, smartphone, and peripheral device manufacturers.Synaptics Incorporated is a global semiconductor solutions provider with $1.2 billion in TTM revenue, specializing in human-machine interface and connectivity technologies. The company has demonstrated significant market momentum, with its stock appreciating 72% over the past year, reflecting investor confidence in its product portfolio and market positioning. Synaptics maintains competitive advantages through its specialized expertise in audio processing, video transmission, and connectivity solutions that enhance user experience across diverse consumer and computing platforms.
What this transaction means for investorsThe discretionary piece of this filing is just 360 shares, worth about $41,000. Everything else, roughly 80%, was scooped up for taxes when Gupta's restricted stock settled. For the executive who owns Synaptics' product roadmap, keeping 81,586 shares while a sliver goes to the IRS doesn’t raise any red flags for investors at all.
More interestingly, however, those products are increasingly aimed at edge AI. Synaptics grew fiscal third-quarter revenue 10% to $294.2 million, led by a 31% jump in core internet-of-things chips, and rolled out an FDA-cleared and design-win pipeline in what management calls physical AI and robotics, with more than 35 customers now engaged there, “including a leading generative AI OEM,” according to the latest earnings call. CEO Rahul Patel also said the company is "delivering highly differentiated products and solutions.” Ultimately, this robotics engagement is worth keeping an eye on, especially since a product chief holding his shares while wins accumulate is a modest signal that the roadmap has runway.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Synaptics. The Motley Fool has a disclosure policy.
CEO Synaptics Rahul G. Patel prodal 24 452 akcií v hodnotě 2,8 milionu USD, z toho většina byla srážka na daně u RSU. Firma zároveň oznámila růst tržeb za 3. fiskální čtvrtletí o 10 % na 294,2 milionu USD a růst core IoT výnosů o 31 %.
Chief Executive Officer Rahul G. Patel reported a disposition of 24,452 shares of Synaptics Incorporated (SYNA +5.14%) in a SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$2.8 millionShares sold (direct)24,452Post-transaction shares (directly held)86,868Post-transaction value$9.87 millionTransaction value based on SEC Form 4 weighted average sale price ($114.20); post-transaction value based on July 20, 2026 market close ($113.60).
Key questionsWhat was the composition of this transaction?
Approximately 81% of the volume, or 19,898 shares, was comprised of non-discretionary tax withholding associated with the settlement of restricted stock units, while the remaining 4,554 shares were sold via an existing trading plan.How did the transaction price compare to recent market levels?
The 10b5-1 plan sales were executed at weighted average prices ranging from $113.63 to $115.92 per share, while the stock was priced at $114.05 as of the July 17, 2026, market close.What is the insider's remaining stake in the company?
Following the disposition, the insider retains direct ownership of 86,868 shares, which represent an equity position of about $9.87 million.Was there any indirect ownership disclosed?
The filing indicates that all reported holdings are held directly, with no indirect equity positions through trusts or other legal entities identified in the disclosure.Company OverviewMetricValueShare Price (as of market close 2026-07-17)$114.05Market Capitalization$4.5 billionRevenue (TTM)$1.2 billionNet Income (TTM)-$48.1 millionCompany SnapshotSynaptics develops and markets semiconductor product solutions, including AudioSmart for advanced sound and voice processing, ConnectSmart for high-speed multimedia connectivity, and DisplayLink for compressed video transmission, generating revenue across audio, video, and connectivity solutions.The company operates a fabless semiconductor business model, designing specialized chips for consumer electronics and computing devices while leveraging third-party manufacturing partners to optimize capital efficiency and scalability.Synaptics serves original equipment manufacturers and system integrators in the personal computing, mobile, and consumer electronics markets, with primary customers including major laptop, smartphone, and peripheral device manufacturers.Synaptics Incorporated is a global semiconductor solutions provider with approximately $1.2 billion in TTM revenue, specializing in human-machine interface and connectivity technologies. The company has demonstrated significant market momentum, with its stock appreciating 72% over the past year, reflecting investor confidence in its product portfolio and market positioning. Synaptics maintains competitive advantages through its specialized expertise in audio processing, video transmission, and connectivity solutions that enhance user experience across diverse consumer and computing platforms.
What this transaction means for investorsFor a chief executive, this is a relatively lean position, and since he just became CEO last year, it seems Patel is still building his stake rather than drawing it down, which is what you'd expect from a leader relatively early in the job.
The results, meanwhile, give him something to build on. Fiscal third-quarter revenue reached $294.2 million, up 10%, with core internet-of-things products jumping 31% and non-GAAP earnings per share hitting $1.09. On the latest earnings call, Patel said Synaptics is seeing "accelerating adoption,” with customer engagements continuing to expand, and the company guided to about $305 million for the following quarter and repurchased $39 million of stock, bringing the fiscal year total to $93 million. It carries $404.4 million in cash against $836.7 million in long-term debt. For long-term investors, that debt load is worth weighing against the buybacks, but ultimately Synaptics is returning cash while owing twice what it holds, signaling that it’s counting on continued growth.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Synaptics. The Motley Fool has a disclosure policy.
Accelerates onsemi’s evolution, building on its strength in power and sensing to become a leading provider of intelligent systems — expanding from AI data centers into Physical AIIncreases onsemi’s total addressable market by $30 billion to $243 billion by 2030Positions onsemi at the intersection of Power, Sense, Connected Compute and Control — the four pillars of Physical AI — which enable machines to sense, decide, act and adapt in the physical worldWould combine complementary portfolios to drive significant customer value and deepen customer engagements SCOTTSDALE, Ariz. & SAN JOSE, Calif., June 25, 2026 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ON) and Synaptics Incorporated (Nasdaq: SYNA) today announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an approximately 19% premium to the volume weighted average closing prices of onsemi and Synaptics over the last 10 trading days.
The combination would accelerate onsemi’s evolution toward global leadership in intelligent systems. By adding Synaptics’ differentiated Edge AI compute franchise and strong portfolio of human-machine interface and wireless connectivity solutions, onsemi is expected to extend its capabilities beyond power and sensing to intelligent systems, delivering greater value to a broad range of end markets. Building on onsemi’s expertise in automotive, industrial and AI data center, the combined platform is intended to position onsemi at the center of Physical AI, with the potential to expand onsemi’s TAM by $30 billion to $243 billion by 2030.
“As artificial intelligence moves beyond the cloud and into the physical world, including automotive and industrial, the next phase of innovation will depend on systems that can sense, decide, act and adapt in real time,” said Hassane El-Khoury, President and CEO of onsemi. “This shift towards Physical AI will require Power, Sense, Connected Compute and Control to work together seamlessly. The addition of Synaptics helps position onsemi at the intersection of these four pillars, enabling us to capture a significantly larger AI opportunity that extends beyond AI data center and into edge applications. This transaction would add immediate connected compute capabilities, expand our software and ecosystem reach and position onsemi to deliver greater value as customers increasingly seek intelligent systems.”
“Today’s announcement marks an important step in accelerating Synaptics’ growth and leadership in Edge AI and Physical AI,” said Rahul Patel, Synaptics President and CEO. “Together with onsemi, we will combine Synaptics’ strengths in AI-native compute, connectivity, and human-machine interface with onsemi’s leadership in intelligent power and sensing to offer customers integrated solutions and development platforms across every layer of the Edge AI stack, deepening customer engagement and expanding across a greater total addressable market. The all-stock structure allows our shareholders to participate in the compelling growth and value creation opportunities ahead, and I look forward to working with the onsemi leadership team to help realize the full value of this combination.”
Compelling Strategic and Financial Rationale
The combination is expected to deliver substantial value:
Enables capabilities from AI Infrastructure to Physical AI: onsemi is already well-positioned across the AI infrastructure ecosystem, from the energy grid to the data center core. This transaction is expected to extend that reach to the intelligent edge, enabling onsemi to address additional end markets while enhancing its capabilities to become a provider of integrated, system-level solutions across Power, Sense, Connected Compute and Control. This compelling combination would enable systems that can sense, decide, act and adapt in real time across Physical AI applications, including autonomous driving, robotics, and AR/VR.
Adds a proven, scalable Edge AI connected compute platform to onsemi: Synaptics’ Astra platform combines purpose-built AI processors and NPUs for multimodal intelligence with an industry-leading wireless connectivity portfolio spanning Wi-Fi, Bluetooth and GPS and a full open-source software stack for rapid deployment.
Complementary portfolios designed to unlock significant revenue growth with scale: The combination of two highly complementary portfolios would allow onsemi to accelerate its innovation and product roadmap to capture higher dollar content per platform while fostering deeper long-term customer engagement. This is anticipated to increase onsemi’s exposure to higher-value, differentiated system solutions with embedded IP and software, supporting improved mix, margin expansion and durable growth.
Attractive financial profile: The transaction is expected to be accretive to non-GAAP EPS within 18 months of closing, with an expected $200 million in annual synergies and gross margins consistent with onsemi’s long-term financial model. onsemi remains committed to maintaining its existing capital return policy during the pendency period.
Transaction Details
Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Synaptics stockholders will receive 1.350 shares of onsemi common stock for each share of Synaptics common stock held at the time of closing, implying pro forma ownership of approximately 12% for Synaptics stockholders on a fully diluted basis.
As part of the transaction, one member of the Synaptics Board of Directors is expected to join onsemi’s Board of Directors.
The transaction is expected to close in mid-2027, subject to approval by Synaptics stockholders, the receipt of required regulatory approvals and other customary conditions.
onsemi and Synaptics Reiterate Previously Provided Financial Outlooks
As part of today’s announcement, onsemi is reiterating its financial outlook for the second fiscal quarter of 2026 provided on May 4, 2026. Synaptics is reiterating its financial outlook for the fiscal fourth quarter of 2026 provided on May 7, 2026.
Conference Call and Webcast Information
onsemi will host a conference call for the financial community at 5:00 p.m. Eastern Daylight Time (EDT) on June 25, 2026, to discuss the transaction announcement. A live webcast and related presentation materials will be available on onsemi’s IR site at http://www.onsemi.com. The webcast replay and presentation will be available following the call. Investors and interested parties can also access the conference call by pre-registering here.
Advisors
Morgan Stanley served as lead financial advisor to onsemi. J.P. Morgan Securities LLC also served as a financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to onsemi. Qatalyst Partners acted as exclusive financial advisor and Baker McKenzie served as legal counsel to Synaptics.
About onsemi
onsemi (Nasdaq: ON) delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end-markets. With a highly differentiated and innovative product portfolio, onsemi helps customers solve complex challenges to achieve higher efficiency, improved performance, and lower system cost, while supporting a safer, cleaner, and more energy‑efficient world. The company is part of the S&P 500® index. Learn more at www.onsemi.com.
About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is a force behind the next generation of technology enhancing how we live, work, and play.
Contact Information
onsemi
Parag Agarwal
Vice President - Investor Relations & Corporate Development
onsemi
(602) 244-3437 [email protected]
Krystal Heaton
Director, Head of Public Relations
onsemi
(480) 242-6943 [email protected]
Synaptics
Munjal Shah
Vice President – Investor Relations
Synaptics
(408) 518-7639 [email protected]
This communication relates to a proposed business combination transaction between Synaptics Incorporated and ON Semiconductor Corporation. This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Synaptics’ and onsemi’s current expectations, estimates and projections about the expected date of closing of the proposed transaction and the potential benefits thereof, their respective businesses and industries, management’s beliefs and certain assumptions made by Synaptics and onsemi, all of which are subject to change. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “projects,” “strategy,” or “anticipates,” or the negative of those words or other comparable terminology that convey uncertainty of future events or outcomes.
These forward-looking statements involve known and unknown risks and uncertainties, which may cause Synaptics’ or onsemi’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Factors and risks that may impact future results and performance include, but are not limited to, the following factors: (1) the risk that the conditions to the closing of the transaction are not satisfied, including the risk that required approvals from regulators or the stockholders of Synaptics for the transaction are not obtained; (2) litigation relating to the transaction; (3) uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; (4) risks that the proposed transaction disrupts the current plans and operations of Synaptics or onsemi, including restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; (5) the ability of Synaptics and onsemi to retain and hire key personnel; (6) competitive responses to the proposed transaction; (7) unexpected costs, charges or expenses resulting from the transaction; (8) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; (9) the combined companies’ ability to achieve the growth prospects and synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating the combined companies’ existing businesses; (10) uncertainty as to the long-term value of onsemi’s common stock; (11) legislative, regulatory and economic developments; and (12) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as Synaptics’ and onsemi’s response to any of the aforementioned factors. These risks, as well as other risks associated with the proposed transaction, will be more fully discussed in the proxy statement/prospectus that will be included in the Registration Statement on Form S-4 that will be filed with the SEC in connection with the proposed transaction. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements.
In addition, actual results are subject to other risks and uncertainties that relate more broadly to Synaptics’ overall business, including those more fully described in Synaptics’ filings with the Securities and Exchange Commission (“SEC”) including its annual report on Form 10-K for the fiscal year ended June 28, 2025, and its quarterly reports filed on Form 10-Q for the current fiscal year, and onsemi’s overall business and financial condition, including those more fully described in onsemi’s filings with the SEC including its annual report on Form 10-K for the fiscal year ended December 31, 2025, and its quarterly reports filed on Form 10-Q for its current fiscal year. Forward-looking statements are not guarantees of performance, and speak only as of the date made, and neither Synaptics nor its management undertakes any obligation to update or revise any forward-looking statements.
No Offer or Solicitation
This communication is for informational purposes only and does not constitute, or form a part of, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Important Additional Information about the Transaction and Where To Find It
The proposed transaction will be submitted to the stockholders of Synaptics for their consideration. In connection with the proposed transaction, onsemi will file with the SEC a Registration Statement on Form S-4 that will include a proxy statement of Synaptics and that also constitutes a prospectus of onsemi. Each of Synaptics and onsemi will provide the proxy statement/prospectus to Synaptics stockholders. Synaptics and onsemi also plan to file other documents with the SEC regarding the proposed transaction. This document is not a substitute for any prospectus, proxy statement or any other document which Synaptics or onsemi may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. You may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC’s website (www.sec.gov). In addition, investors and stockholders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC by the parties on Synaptics Investor Relations at https://investor.synaptics.com/ (for documents filed with the SEC by Synaptics) or onsemi Investor Relations at https://investor.onsemi.com/ (for documents filed with the SEC by onsemi).
Participants in the Solicitation
Synaptics, onsemi, and certain of their respective directors, executive officers and other members of management and employees, under SEC rules may be deemed to be participants in the solicitation of proxies from Synaptics stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Synaptics stockholders in connection with the proposed transaction, and a description of their direct and indirect interests, by security holdings or otherwise, will be set forth in the proxy statement/prospectus when it is filed with the SEC. You can find more detailed information about Synaptics’ executive officers and directors under the headings “Proposal 1 – Election of Directors,” “Director Compensation,” “Compensation Discussion and Analysis,” “Named Executive Officer Compensation Tables,” “CEO Pay Ratio Disclosure,” “Pay Versus Performance Disclosure” and “Beneficial Ownership of Certain Stockholders” in its definitive proxy statement filed with the SEC on September 16, 2025. To the extent holdings of Synaptics common stock by the directors and executive officers of Synaptics have changed from the amounts of Synaptics common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=817720&owner=exclude under the tab “Ownership Disclosures”. You can find more detailed information about onsemi’s executive officers and directors under the headings “The Board of Directors and Corporate Governance,” “Compensation of Executive Officers” and “Stock Ownership” in its definitive proxy statement filed with the SEC on April 2, 2026. To the extent holdings of onsemi common stock by the directors and executive officers of onsemi have changed from the amounts of onsemi common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1097864&owner=exclude under the tab “Ownership Disclosures”. Additional information about Synaptics’ executive officers and directors and onsemi’s executive officers and directors can be found in the above-referenced Registration Statement on Form S-4 when it becomes available.
