Vision

Gains

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div>
<p class="has-drop-cap">onsemi (NASDAQ: ON) <a href="https://www.businesswire.com/news/home/20240702703913/en/onsemi-Enhances-Intelligent-Sensing-Portfolio-with-Acquisition-of-SWIR-Vision-Systems" target="_blank" aria-label="announced (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">announced</a> on July 2, 2024, the completion of its acquisition of SWIR Vision Systems, a leading provider of colloidal quantum-dot-based (CQD) short wavelength infrared (SWIR) technology. The acquisition marks a significant step in onsemi’s strategy to enhance its intelligent sensing product portfolio and expand its presence in key markets such as industrial, automotive, and defense.</p>
<h3 id="swir-vision-systems-patented-tech-can-supercharge-onsemi-cmos-sensors">SWIR Vision Systems’ Patented Tech Can Supercharge onsemi CMOS Sensors</h3>
<p>The integration of SWIR Vision Systems’ patented CQD technology with onsemi’s industry-leading CMOS sensors is expected to revolutionize imaging capabilities. CQD technology extends the detectable light spectrum, enabling imaging through objects previously not possible. This breakthrough has wide-ranging applications, including surveillance systems, silicon inspection, machine vision imaging, food inspection, and autonomous vehicle imaging in extreme conditions.</p>
<p>onsemi aims to leverage its silicon-based CMOS sensors and manufacturing expertise alongside CQD technology to produce highly integrated SWIR sensors at lower costs and higher volumes. This combination is anticipated to result in more compact and cost-effective imaging systems, potentially opening up new market opportunities and applications.</p>
<div class="cta-referral"><img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
 <div class="cta-referral__text">
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">Telegram group&nbsp;and never miss a breaking story.</a></p>
 </div>
</div>
<h3 id="onsemi-s-stock-gains-on-swir-vision-system-acquisition-news">onsemi’s Stock Gains on SWIR Vision System Acquisition News</h3>
<p>While the acquisition is not expected to significantly impact onsemi’s near-to-midterm financial outlook, it has already had a positive effect on the company’s stock performance. <br><br>On the day of the announcement, onsemi’s stock (ON) closed at $72.92, up 5.41% or $3.74. The company’s market capitalization stood at $31.37 billion, with a trailing twelve-months <a href="https://tokenist.com/investing/p-e-ratio/" rel="noopener noreferrer nofollow" class="deco-link">P/E ratio</a> of 14.88 and earnings per share of $4.90.</p>
<p>SWIR Vision Systems will now operate as a wholly owned subsidiary of onsemi, with its team integrated into onsemi’s Intelligent Sensing Group. The acquired team will continue to operate from their existing location in North Carolina, ensuring continuity and leveraging their expertise in the field.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe>
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p>
<h3 id="br"><br></h3>
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/onsemi-on-stock-gains-on-swir-vision-systems-acquisition/">onsemi (ON) Stock Gains on SWIR Vision Systems Acquisition</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

onsemi (ON) Stock Gains on SWIR Vision Systems Acquisition

Table of Contents

Tokenist

Other articles published on Jul 3, 2024

BlockDAG Stirs Crypto Buzz With $2M Giveaway & Landmark $55.4M Presale; Blast Token Volatility; M...

Yes, Bitcoin Could Be the Key to a More Sustainable and Equitable Financial System

Fed Chair Still Not Confident of Interest Rate Cuts, What’s Next for Bitcoin?

Kamala Horris (KAMA) Surges 1600% Amid Speculation Of Biden Exiting Presidential Race

Hackers Steal Over $8 Million in TAO Tokens from Bittensor

Robinhood Widens Shiba Inu Reach to US Virgin Islands, Hawaii, Puerto Rico

Join our free newsletter for daily crypto updates!