ON Semiconductor (ON) disclosed its attempt to acquire semiconductor manufacturer Allegro MicroSystems (ALGM) in a potential ...

Allegro MicroSystems, Inc. (NASDAQ:ALGM) shares are trading higher premarket on Thursday after it disclosed receiving a proposal from ON Semiconductor Corporation (NASDAQ:ON) for $35.10 per share ...

ON Semiconductor Corp. scrapped efforts to acquire Allegro MicroSystems Inc., withdrawing a bid of $35.10 a share. ON Semiconductor, which does business as Onsemi, determined that there was “no ...

Allegro MicroSystems, Inc. is a potential takeover target by ON Semiconductor, which could expand ON's portfolio in magnetic sensing and power segments. The automotive industry is currently ...

ON Semiconductor terminates efforts to acquire Allegro MicroSystems and withdraws its all-cash proposal of $35.10 per share. On Semiconductor says it withdrew its proposal after Allegro's board ...

On March 5, ON Semiconductor ON announced an all-cash offer of $35.10 per share for Allegro MicroSystems ALGM, which implies an enterprise value of $6.9 billion. This valuation is a 57% premium to ...

Allegro (ALGM) confirmed that it received an unsolicited proposal from On Semiconductor (ON) to acquire Allegro for $35.10 per share in cash on February 12. The Allegro board of directors reviewed ...

Magnetic current sensing technology has advanced significantly over the past 20 years, and Allegro is at the forefront of ...

Allegro Microsystems is a fabless manufacturer with a strong presence in the automotive semiconductor market. The company’s product portfolio primarily consists of magnetic sensing and power ICs ...

Read: ON Semiconductor Focuses On AI Chip Growth, To Cut 2,400 Jobs to Stay Competitive Hassane El-Khoury, President and Chief Executive Officer of onsemi said, “The Allegro team has built an ...

Allegro Microsystems is a fabless manufacturer with a strong presence in the automotive semiconductor market. The company’s product portfolio primarily consists of magnetic sensing and power ICs, with ...