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US Clears ON Semiconductor’s $1.07B Quantenna Communications Buy

Antitrust authorities cleared the way for ON Semiconductor to buy Wi-Fi solutions provider Quantenna Communications, said an FTC early termination notice dated Monday and released Tuesday, ending the $1.07 billion deal's Hart-Scott-Rodino waiting period. ON announced the transaction last month,…

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saying it would enable the combined company to enter the automotive and industrial low-power connectivity market.