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Transaction accelerates onsemi’s mission to push innovation to create intelligent power and sensing technologies and build a sustainable future.
August 31, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
onsemi and GT Advanced Technologies (GTAT), a producer of silicon carbide (SiC), announced that they have entered into a definitive agreement under which onsemi will acquire GTAT for $415 million in cash. Founded in 1994, GTAT has significant experience in crystalline growth, including SiC. SiC is a key material for next-generation semiconductors that provide technical benefits in SiC power switching devices, significantly improving system efficiency in electric vehicles (EVs), EV charging and ...
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