onsemi Completes Acquisition of GT Advanced Technologies

PHOENIX–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that it has completed its acquisition of GT Advanced Technologies (“GTAT”), a producer of silicon carbide (SiC). The acquisition enhances onsemi’s ability to secure and grow supply of SiC. onsemi’s customers will benefit from GTAT’s extensive experience in crystalline growth as well as its impressive technical capabilities and expertise in the development of wafering-ready SiC.

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