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ON Semiconductor to buy Fairchild for about $2.3 billion

2015-11-18 21:59:04| Electronics - Topix.net

" ON Semiconductor Corp. said Wednesday that it plans to buy Fairchild Semiconductor for about $2.3 billion in cash, to expand its products in the automotive, industrial and smartphone industries. ON Semiconductor is offering $20 for each share of Fairchild.

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Revenue from DC Distribution Network to Be $33 Billion from 2015 to 2024

2015-11-18 18:47:00| Transmission & Distribution World

A recent report examines the opportunity for DC distribution networks in four key markets segments. read more

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$135 Billion Export Trade in Forest Risk Commodities Continues to Destroy Rainforests

2015-11-18 15:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The Global Canopy Programmes Forest 500, the worlds first rainforest ratings agency that analyses the most influential companies, investors and governments in the race towards a deforestation-free global economy, today launched its annual results. It revealed that while the corporate sector improved marginally overall, many laggards are yet to make public sustainability commitments. Commercial agriculture drives at least two thirds of tropical deforestation yet only 8% of all the 250 powerbroker...

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ON Semiconductor to Buy Fairchild Semiconductor for $2.4 Billion

2015-11-18 14:19:47| Semiconductors - Topix.net

ON Semiconductor has agreed to acquire fellow chip company Fairchild Semiconductor for about $2.4 billion in cash, the latest deal in the consolidating semiconductor space. The price tag of $20 a share values Fairchild at a 41% premium to where the stock was trading before news reports last month suggested Fairchild was seeking a buyer.

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ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash

2015-11-18 14:19:46| Semiconductors - Topix.net

November 18, 2015 -- ON Semiconductor Corporation and Fairchild Semiconductor International Inc. today announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market with combined revenue of approximately $5 billion, diversified across multiple markets with a strategic focus on automotive, industrial and smartphone end markets.1 "The combination of ON Semiconductor and Fairchild creates a power semiconductor leader with strong capabilities in a rapidly consolidating semiconductor industry.

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