Cirrus Logic Makes Rival Bid for Synaptics to Challenge Onsemi Offer

Key Facts

1Cirrus Logic has reportedly made a rival bid to acquire Synaptics following a previous offer from Onsemi.

Cirrus Logic has reportedly made a rival bid to acquire Synaptics. Seeking Alpha reported that the move follows a previous offer from Onsemi, signaling a competitive bidding process for the semiconductor company's technology and market position.

SYNA closed at $119.82 on October 9, 2026, while CRUS closed at $106.87 on the same date. The emergence of a rival bidder suggests high strategic value for Synaptics and could potentially drive a premium in the final acquisition price.