U.S. chipmaker Onsemi scrapped its $6.9 billion offer for smaller rival Allegro MicroSystems on Monday, ending a months-long pursuit that sought to capitalize on a market downturn to boost its ...

Allegro MicroSystems just saw its fair value estimate edge down slightly from US$38.58 to US$38.42 as analysts refreshed their view after a sharp reset in the stock’s price target narrative. The ...

Allegro Microsystems announced that it received an unsolicited acquisition proposal from onsemi to buy the company for $35.10 per share in cash on February 12, 2025. After reviewing the offer with ...

Allegro MicroSystems, Inc. announced that Onsemi has withdrawn its unsolicited acquisition proposal. Allegro's Board of Directors stated they found Onsemi's proposals inadequate after careful review ...

Allegro MicroSystems faces revenue challenges in FY2025, with a 36% YoY decline in H1 due to weaknesses in both MS and PIC segments. The DAO semiconductor market's downturn and elevated inventory ...

WARSAW, Sept 5 (Reuters) - Polish e-commerce company Allegro's CEO on Friday denied that the company was in disagreement with any of its partners, despite its relationship with delivery partner InPost ...

Allegro MicroSystems designs and develops sensor ICs, application-specific analog power ICs, and photonics components that meet the needs of the most demanding applications. We design and develop ...

Poland's competition watchdog searches Allegro offices in Poznan, Warsaw Poland's antimonopoly office UOKiK said on Thursday it had searched the headquarters of e-commerce platform Allegro in Poznan ...

Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter. Allegro rose as much as 22%, its biggest gain since ...

Polish e-commerce company Allegro's CEO on Friday denied that the company was in dispute with any of its partners, despite its relationship with delivery partner InPost souring in recent months. "We ...