Stratrix
On the Record · ON Semiconductor

ON Semiconductor acquisitions, on the record

The businesses ON Semiconductor bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
GT Advanced Technologies Inc. (GTAT), a producer of SiC substrates
Word for word“On October 28, 2021, we completed our acquisition of GT Advanced Technologies Inc. ("GTAT"), a producer of SiC substrates.” 10-K for 2023
acquisitionOn October 28, 2021—
East Fishkill, New York site and fabrication (EFK) facility and certain other assets and liabilities from GLOBALFOUNDRIES U.S. Inc.
Word for word“On December 31, 2022, we completed the acquisition of the manufacturing facility at EFK along with certain other assets and liabilities from GLOBALFOUNDRIES U.S. Inc.” 10-K for 2023
acquisitionOn December 31, 2022—
Oudenaarde, Belgium manufacturing facility, divested to BelGaN Group BV
Word for word“The Oudenaarde, Belgium manufacturing facility was divested to BelGaN Group BV for an aggregate consideration of approximately $ 19.9 million;” 10-K for 2023
divestiture—approximately $ 19.9 million
South Portland, Maine, manufacturing facility, divested to Diodes Incorporated
Word for word“The South Portland, Maine, manufacturing facility was divested to Diodes Incorporated for an aggregate consideration of approximately $ 80.0 million;” 10-K for 2023
divestiture—approximately $ 80.0 million
Pocatello, Idaho manufacturing facility, divested to LA Semiconductor
Word for word“The Pocatello, Idaho manufacturing facility was divested to LA Semiconductor for an aggregate consideration of approximately $ 80.0 million; and” 10-K for 2023
divestiture—approximately $ 80.0 million
Niigata, Japan manufacturing facility, divested to JS Foundry K.K.
Word for word“The Niigata, Japan manufacturing facility was divested to JS Foundry K.K., a Japan-based foundry company, for aggregate consideration of approximately $ 90.3 million.” 10-K for 2023
divestiture—aggregate consideration of approximately $ 90.3 million
Silicon Carbide Junction Field-Effect Transistor ("SiC JFET") technology business from Qorvo US, Inc.
Word for word“On January 14, 2025, we completed the previously announced acquisition of the Silicon Carbide Junction Field-Effect Transistor ("SiC JFET") technology business from Qorvo US, Inc., and certain of its subsidiaries, for $118.8 million in cash, subject to working capital adjustments.” 10-K for 2024
acquisitionOn January 14, 2025$118.8 million in cash
SWIR Visions Systems ("SWIR")
Word for word“In July 2024, the Company completed its acquisition of SWIR Visions Systems ("SWIR") within its ISG segment for cash consideration of approximately $ 20.5 million.” 10-K for 2024
acquisitionIn July 2024approximately $ 20.5 million
the East Fishkill, New York site and fabrication facility ("EFK") and certain other assets and liabilities from GLOBALFOUNDRIES U.S. Inc.
Word for word“On December 31, 2022, the Company completed the acquisition of the East Fishkill, New York site and fabrication facility ("EFK") and certain other assets and liabilities from GLOBALFOUNDRIES U.S. Inc.” 10-K for 2024
acquisitionOn December 31, 2022—
Silicon Carbide Junction Field-Effect Transistor ("SiC JFET") technology business from Qorvo US, Inc., and certain of its subsidiaries
Word for word“On January 14, 2025, we completed the acquisition of the Silicon Carbide Junction Field-Effect Transistor ("SiC JFET") technology business from Qorvo US, Inc., and certain of its subsidiaries, for $118.8 million in cash.” 10-K for 2025
acquisitionOn January 14, 2025$118.8 million in cash
Vcore power technologies rights, including associated intellectual property licenses, from Aura Semiconductor
Word for word“On October 27, 2025, the Company completed the acquisition of rights to Vcore power technologies, including associated intellectual property licenses, from Aura Semiconductor to further enhance its power management portfolio within the AMG reportable segment.” 10-K for 2025
acquisitionOn October 27, 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$2.28 billion$104 million$657.5 million
2017-12-31$800,000$20 million—
2018-12-31$70.9 million$8.4 million$18.9 million
2019-12-31$888 million$5.2 million$726.7 million
2020-12-31—$0$4.2 million
2021-12-31——$274.8 million
2023-12-31$236.3 million——
2024-12-31$20.5 million——
2025-12-31$124.5 million—$92 million

Deal filings since 2016

Read from ON Semiconductor’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.