Chipmaker Cirrus Logic makes an unsolicited acquisition offer for Synaptics, according to people familiar with the matter. Multiple outlets report the bid occurred last month and was intended to derail or complicate an already agreed sale of Synaptics to On Semiconductor (Onsemi).
Bloomberg and a secondary report cite an updated Synaptics filing that names Cirrus Logic as “Party A.” The filings indicate Cirrus Logic is pursuing a competing path while the Onsemi transaction remains in place. One source also notes that it is not clear whether Cirrus Logic continues to pursue the bid after submitting it.
Across coverage, the core points are consistent: the bid is described as unsolicited, it follows the announcement of the Onsemi deal, and it is reflected in updated paperwork. However, outlets differ only in the level of detail available, with limited information publicly confirming the bid’s terms or its current status.
