Sources: chipmaker Onsemi is in talks to acquire 16-year-old chip startup Ferric for ~$1B; PitchBook: Ferric last raised a $32.1M Series C in December 2024
THE SO WHAT
If a power-management chip startup last valued off a $32.1M Series C is now in ~$1B acquisition talks, niche analog and power IP is being repriced as strategic AI infrastructure. Hardware teams with real differentiation in power, packaging, or interconnect should expect more buy-or-build interest from incumbents trying to lock in their AI-era stack.
READ THE SOURCE
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