After having initially announced in late 2015 that it would acquire Fairchild Semiconductor, ON Semiconductor has officially completed its $2.4 billion cash acquisition of the San Jose, CA, USA-based company.
What happened National Semiconductor?
Type Subsidiary
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Founded in Danbury, Connecticut, United States
Defunct
Fate Acquired by Texas Instruments
Does Fairchild Semiconductor still exist?
Founded in 1957 in Santa Clara, California, Fairchild was among the earliest firms to successfully manufacture transistors and integrated circuits. Headquarters now are in South Portland, Maine, while research and production facilities are located across the United States and in Asia.
What happened to Fairchild Camera?
In 1979, Fairchild Camera and Instrument (including Fairchild Semiconductor) became a subsidiary of Schlumberger. Schlumberger sold Fairchild Semiconductor to National Semiconductor in 1987; National Semiconductor was then acquired by Texas Instruments in 2011.
Who bought ON Semiconductor?
Under the sale agreement made public in May, Motorola received $1.6 billion in cash for the group and a 10 percent stake in ON Semiconductor.
Is Fairchild Semiconductor still in business?
On , Fairchild Semiconductor moved its headquarters from San Jose (3030 Orchard Pkwy.) to Sunnyvale (1272 Borregas Ave.) On , ON Semiconductor and Fairchild Semiconductor jointly announced that ON Semiconductor had completed its announced $2.4 billion cash acquisition of Fairchild.
The semiconductor industry is dominated by the US and China, and trade disputes between these two giants have repercussions for both international and domestic industries.