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ON Semiconductor is considering a $4.11 billion takeover of Allegro Microsystems to expand in automotive sensors.
ON Semiconductor is reportedly considering a takeover of Allegro Microsystems, valued at $4.11 billion, to boost its automotive sensor capabilities.
ON Semiconductor, with a market value of $19.83 billion, has been exploring this potential acquisition to expand in the automotive semiconductor sector.
However, the deal faces uncertainties due to ON Semiconductor's recent cost-cutting measures and layoffs.
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ON Semiconductor está considerando la adquisición de $4.11 mil millones de Microsistemas Allegro para expandirse en sensores automotores.