Friday, March 29, 2019

ON buys Quantenna

ON Semiconductor is to buy Quantenna Communications  for about $1.07 billion after accounting for Quantenna’s net cash of approximately $136 million. The acquisition enhances ON’s connectivity portfolio with the addition of Quantenna’s industry leading Wi-Fi technology and software capabilities. Following completion, the transaction is expected to be immediately accretive to ON’s non-GAAP earnings per share ...

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