secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2021-08-30T23:59:59+00:00
Accession:  0001193125-21-259966
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics to acquire DSP Group for $22.00/share in all-cash deal; expands IoT and AI portfolio
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- Synaptics acquires DSP Group at $22.00/share in all-cash transaction; boards of both companies approved.
- Expected close by end of calendar 2021 (Q2 fiscal 2022) subject to DSPG shareholder approval and conditions.
- Annual run-rate synergies of $30M within 12 months; immediately accretive to non-GAAP EPS.
- Adds DECT ULE wireless and SmartVoice to Katana vision platform; targets low power edge AI growth.
- Financed through cash on hand and a fully committed incremental debt facility from Barclays.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000119312521259966/0001193125-21-259966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000119312521259966/d170249d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-259966

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer