Cooley advised Ferric, an innovator in integrated voltage regulator (IVR) technology, on its agreement to be acquired by onsemi, a semiconductor company that delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end‑markets. Under the terms of the agreement, onsemi will acquire Ferric for $600 million in cash at closing, plus up to $175 million in additional cash consideration tied to the achievement of revenue milestones.
Cooley Advised Ferric on Agreement to Be Acquired by onsemi for Up To $775 Million