ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets

Green Car Congress
By mmillikinApr 1, 2019, 3:01 am232 pts
ON Semiconductor will acquire Quantenna Communications—a provider of high performance Wi-Fi solutions—for $24.50 per share in an all-cash transaction. The acquisition consideration represents equity value of approximately $1.07 billion and enterprise value of approximately $936 million, after accounting for…

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