Onsemi withdraws $6.9 billion bid for Allegro MicroSystems

On Semiconductor has withdrawn a $6.9 billion bid for Allegro MicroSystems, ending the Scottsdale semiconductor product manufacturer’s effort over several months to acquire its New Hampshire-based rival.

Apr 15, 2025 - 22:51
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Onsemi withdraws $6.9 billion bid for Allegro MicroSystems
On Semiconductor has withdrawn a $6.9 billion bid for Allegro MicroSystems, ending the Scottsdale semiconductor product manufacturer’s effort over several months to acquire its New Hampshire-based rival.