{"id":4910,"date":"2026-06-27T08:29:17","date_gmt":"2026-06-27T08:29:17","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/06\/27\/on-semiconductor-ceo-defends-massive-synaptics-acquisition-amidst-stock-plunge\/"},"modified":"2026-06-27T08:29:17","modified_gmt":"2026-06-27T08:29:17","slug":"on-semiconductor-ceo-defends-massive-synaptics-acquisition-amidst-stock-plunge","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/06\/27\/on-semiconductor-ceo-defends-massive-synaptics-acquisition-amidst-stock-plunge\/","title":{"rendered":"ON Semiconductor CEO Defends Massive Synaptics Acquisition Amidst Stock Plunge"},"content":{"rendered":"<p>ON Semiconductor&#8217;s CEO Hassane El-Khoury has defended the company&#8217;s decision to acquire Synaptics for $30 billion, aiming to expand into physical AI, despite a significant drop in ON Semiconductor&#8217;s stock price. The deal is expected to boost the company&#8217;s addressable market and enhance its Edge AI capabilities.<\/p>\n<p>El-Khoury reassured investors about the strength of ON Semiconductor&#8217;s core business and stated that the acquisition is highly complementary to their existing foundation. The transaction is anticipated to close by mid-2027, with projected annual synergies of $200 million.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108327409-17824822611782482257-46786162456-1080pnbcnews.jpg?v=1782482260&amp;w=750&amp;h=422&amp;vtcrop=y\" alt=\"ON Semiconductor CEO: Synaptics deal will provide a $30B incremental market expansion\"><\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2024\/06\/28\/on-semiconductor-ceo-defends-synaptics-deal-as-shares-tank.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ON Semiconductor&#8217;s CEO Hassane El-Khoury has defended the company&#8217;s decision to acquire Synaptics for $30 billion, aiming to expand into physical AI, despite a significant drop in ON Semiconductor&#8217;s stock price. The deal is expected to boost the company&#8217;s addressable market and enhance its Edge AI capabilities. El-Khoury reassured investors about the strength of ON [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108327409-17824822611782482257-46786162456-1080pnbcnews.jpg?v=1782482260&amp;w=750&amp;h=422&amp;vtcrop=y","fifu_image_alt":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-4910","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","rifnote_executive-hassane-el-khoury"],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108327409-17824822611782482257-46786162456-1080pnbcnews.jpg?v=1782482260&amp;w=750&amp;h=422&amp;vtcrop=y","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/4910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=4910"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/4910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/4911"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=4910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=4910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=4910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}