Onsemi to acquire Ferric, targeting power delivery for next-generation AI processors
ON•Onsemi will acquire Ferric for $600 million in cash, plus up to $175 million in contingent consideration. The deal raises Onsemi’s 2030 AI data center revenue target by $500 million to more than $3 billion.
1. Deal terms and target
Onsemi said it will acquire Ferric for $600 million in cash, plus up to $175 million in contingent consideration. The company raised its 2030 AI data center revenue target by $500 million to more than $3 billion.
2. Expected contribution
Onsemi said the deal is expected to be accretive to its long-term revenue growth, gross margin and EPS targets at scale.
