onsemi agrees to buy Vcore power assets from Aura for up to $144 million
onsemi's unit Semiconductor Components Industries, LLC signed a Master Framework Agreement with Aura Semiconductor entities to buy certain assets and receive an IP license for Vcore power management components and systems, for a maximum of $144 million. onsemi says the deal is expected to have minimal impact on GAAP and non-GAAP earnings per share in the first fiscal year after closing and to be accretive thereafter, and expects it to close in the fourth quarter of 2025.
Key points
- Maximum total consideration is $144 million, subject to customary purchase price adjustments.
- $72 million is tied to delivery and acceptance of specified products; the other $72 million depends on certain revenue milestones.
- Closing is expected in the fourth quarter of 2025 and is subject to customary closing conditions.
- Restrictive covenants and a Support Services Agreement run through December 31, 2030, and the agreement may be terminated under certain circumstances.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.