SYNAPTICS Inc

Synaptics

Overview

Synaptics designs and delivers edge solutions that bring AI closer to end users for intelligent, connected devices across home, work, and mobile environments. The company partners with OEMs to provide standard and custom silicon and software platforms for Edge AI, Physical AI, wireless connectivity, and human interface technologies.

Product highlights:

• Astra™ family of processors and wireless solutions: embedded compute, connectivity, and multimodal sensing for secure, low-latency experiences.
• Solutions across touch, biometrics, AI-enabled wireless connectivity, video, vision, audio, and speech processing.
• End-to-end integration combining Astra AI processing, wireless connectivity, and human interface products, supported by modular development kits, open software frameworks, and optimized AI/ML toolchains.

Focus areas include Physical AI, robotics, edge AI, smart home, industrial and automotive, PCs, and mobile applications.

Corporate structure and fiscal-year details

• Founded and incorporated in California in 1986; re-incorporated in Delaware in 2002.
• Fiscal year is a 52- or 53-week period ending on the last Saturday in June.
• Fiscal years presented: 52-week periods ended June 27, 2026 and June 28, 2025, and the 53-week period ended June 29, 2024.

Merger with ON Semiconductor (key terms and status)

• On June 25, 2026, Synaptics entered into an Agreement and Plan of Reorganization with ON Semiconductor and Sonic Acquisition Corp.
• Transaction structure: Merger Sub will merge with Synaptics; Synaptics will become a wholly owned subsidiary of ON Semiconductor (onsemi).
• Exchange ratio: Each share of Synaptics common stock will convert into 1.350 shares of onsemi common stock.
• Fractional shares: No fractional shares will be issued. Fractional interests will be paid in cash equal to the fraction multiplied by the Average Parent Stock Price (the five-day VWAP ending three trading days prior to closing, as defined in the Merger Agreement).
• Approvals and timing: The transaction was unanimously approved by Synaptics’ Board and remains subject to stockholder and regulatory approvals. Closing is expected in mid-2027, subject to customary closing conditions.

Markets and product portfolio

Core IoT applications — Wireless

• Wireless portfolio: Wi‑Fi, Bluetooth, BLE, Zigbee, Thread, Matter, GPS, GNSS, and ULE.
• Target applications: home automation, multimedia streaming, security sensors, surveillance cameras, wireless speakers, drones, printers, wearables, and other IoT devices.

Edge AI processors

• Astra family: scalable intelligent edge processors designed to reduce latency, lower bandwidth usage, and improve security.
• Covers a range from high-performance MCUs to integrated MPUs for AI-enabled edge systems.
• Supporting software framework, rapid prototyping kits, full AI/ML toolchains, and integration with Synaptics’ connectivity and human interface products.
• Astra Machina™ products: Foundation Series modular development kits for SL-Series high-performance embedded processors and SR100 Series MCUs via the Astra Machina Micro development kit.

Integrated solutions

• End-to-end platforms combining Astra processors, connectivity, and human interface products to deliver low-latency AI at the edge with secure connectivity.
• Use cases include voice-enabled assistants, vision-based security devices, and multimodal sensor fusion.

Enterprise and automotive

• Biometrics: Natural ID® capacitive fingerprint solutions for laptops, peripherals, and automobiles, available in multiple form factors and materials.
• Video interface: DisplayLink® and DisplayPort® solutions for external displays, supporting current protocols and OS compatibility across device ecosystems including robotics and extended reality.
• Robotics and Physical AI: Touch controllers that combine high-sensitivity capacitive sensing with edge AI processing for robot and humanoid interaction, texture detection, secure object handling, and high-speed video interfaces (including support for 4K displays).
• Automotive: Integrated touch/display, local dimming, and driver-sensing technologies to support safer and more intuitive in-vehicle experiences.

Mobile

• Extensive touch portfolio with more than 500 touch-related patents and strong support for next-generation OLED technologies, focused on responsive, high-performance touch for smartphones, tablets, and related devices.

Acquisitions and strategic partnerships

• January 2025: Acquired certain assets and non-exclusive licenses related to Broadcom’s Wi‑Fi technology.
  • Rights include non-exclusive licenses to three developed technology products and options to obtain licenses for eight roadmap technology intangible assets, with deliveries expected through May 2028.
  • The acquisition included certain Broadcom employees.
• Strategic benefits cited:
  • Accelerates the company’s Edge AI strategy and end-to-end AI/IoT connectivity solutions.
  • Expands the wireless product roadmap to include Wi‑Fi 8 combo, GPS/GNSS, and Wi‑Fi 7 combo products.
  • Increases addressable markets such as AR/VR platforms, Android smartphones, and consumer audio.
  • Strengthens the wireless engineering team with additional talent and capabilities.