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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from Electronics Weekly https://www.electronicsweekly.com/news/business/on-buys-quantenna-2019-03/
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