ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets
Green Car Congress
APRIL 1, 2019
billion and enterprise value of approximately $936 million, after accounting for Quantenna’s net cash of approximately $136 million at the end of fourth quarter of 2018. The transaction is not subject to a financing condition. No approval of the stockholders of ON Semiconductor is required in connection with the proposed transaction.
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