Synaptics Incorporated develops semiconductor solutions for intelligent connected devices across IoT, PC, mobile and edge-AI markets. Company news commonly covers financial results, Core IoT product sales, design wins, and investor-conference activity, alongside updates to embedded compute, wireless connectivity and multimodal sensing products.
Recurring product developments include the Synaptics Astra AI-native embedded compute portfolio, Veros wireless connectivity, touch, display, biometrics, video, vision, audio, speech and security processing. Recent announcements also describe Edge AI boards, AI-native microcontrollers, Wi-Fi 7 connectivity, Bluetooth, Thread/Zigbee and on-device inference for smart home, industrial IoT, robotics, wearables and audio applications.
Synaptics (SYNA) introduced the Astra SR200 Series, launching a class of microcontrollers called xMCUs for on-device artificial intelligence. The series combines the company's Torq AI engine, featuring the Coral neural processing unit from Google Research, with Arm Cortex-M85 and Cortex-M52 cores.
The family includes three pin-compatible product lines sharing a software development kit: SR210, SR230 and SR250. Synaptics says the platform is designed to process voice, vision and other sensor inputs locally, targeting wearables, battery-powered sensing devices, connected cameras and industrial systems.
Synaptics (SYNA) made its Coralboard SL generally available through DigiKey and introduced the Coralboard SR to expand its Edge AI portfolio. Developed with Google Research, the SL moves beyond an initial limited-edition run and is available to order from October 20, 2026. DigiKey is the exclusive distribution partner.
The SL uses the Astra SL2619 processor, while the new SR uses the Astra SR250 Series. The Torq open-source compiler and runtime support both versions. Synaptics designed the shared toolchain to give developers a consistent path from AI model optimization to deployment across its Astra processors.
onsemi (ON) amended its merger agreement to acquire Synaptics (SYNA) for approximately $5.7 billion in an all-cash transaction. The revised price is $123 per share, compared with an aggregate value of approximately $7 billion under the prior agreement. The amendment follows an unsolicited competing proposal. Synaptics’ board unanimously supported the amended transaction.
onsemi expects immediate accretion to non-GAAP earnings per share, an adjusted earnings measure. Beyond previously announced $200 million in annual run-rate synergies, it expects additional benefits from revenue synergies and bringing some Synaptics production in-house after the initial 18 months post-close. Cash on hand and committed financing will fund the acquisition. Closing remains expected by mid-2027, subject to Synaptics shareholder and required regulatory approvals. The U.S. Federal Trade Commission has approved the transaction; other jurisdictions are reviewing it.
Synaptics (SYNA) introduced its first Capacitive Tactile Sensing (CTS) module using the SN6012T touch controller, now supported in the NVIDIA Isaac Sim robotics simulation framework and working with NVIDIA Holoscan.
The CTS module targets dexterous robotic hands, grippers, and other Physical AI systems to detect contact and pressure distribution for more precise grip control and object manipulation. It offers a high 2.5mm pitch taxel density in a 5x12 array, measuring forces up to 100N with 0.1N resolution and a proprietary sensor design that enables 10x faster rebound response than traditional foam sensors. The module is built for NVIDIA’s Newton physics engine and integrates with Synaptics Astra Edge AI processors, which aggregate touch, vision, and motion data into unified streams, offload sensor collection from central compute, and deliver multimodal data to NVIDIA Holoscan over standard Ethernet.
Synaptics (Nasdaq: SYNA) announced that Chief Financial Officer Ken Rizvi has resigned effective immediately to pursue another opportunity, and will remain in an advisory role through September 30, 2026 to support the transition.
Synaptics will not search for a successor CFO because of its pending merger with onsemi, announced on June 25, 2026. Rahul Patel, President and CEO, will serve as principal financial officer until the merger closes. Former Chief Accounting Officer Kermit Nolan, who previously served as acting CFO, is returning as a consultant to advise the internal finance team. The company said its strategic focus on Edge AI and Physical AI remains unchanged and urged investors to review upcoming SEC filings, including onsemi’s planned Form S-4 registration statement with the joint proxy statement/prospectus for the proposed transaction.
Synaptics (Nasdaq: SYNA) reported fourth quarter fiscal 2026 revenue of $308.0 million, up 9% year-over-year, with Core IoT product sales growing 24% and non-GAAP diluted EPS of $1.23. GAAP results reflected a fourth quarter net loss of $447.4 million, or $11.53 per share, primarily due to a non-cash $425.3 million valuation allowance against U.S. deferred tax assets, which is excluded from non-GAAP metrics.
For full-year fiscal 2026, Synaptics reported revenue of $1.2 billion, up 11%, driven by a 43% increase in Core IoT sales, which represented 33% of total revenue. GAAP net loss was $490.8 million (or $12.62 per share), while non-GAAP net income was $185.9 million and non-GAAP EPS rose 27% to $4.58. Non-GAAP gross margin was 53.7%, and the company repurchased approximately $92.7 million of its shares. Synaptics highlighted a 20% non-GAAP operating margin in Q4 and reaffirmed its focus on Physical AI and Edge AI amid a pending all-stock acquisition by onsemi announced June 25, 2026.
Synaptics (Nasdaq: SYNA) announced it will release its fourth quarter and full year fiscal 2026 financial results on Thursday, August 6, 2026, after the market closes. Due to the pending transaction with onsemi, Synaptics will not hold a conference call or provide forward-looking guidance. The results press release will be posted on the company’s investor relations website.
Synaptics (Nasdaq: SYNA), Accton, Gallopwave, and HYTech signed a Memorandum of Understanding to explore Edge AI technologies for autonomous UAVs. The MoU frames evaluation of technical collaboration across compute, connectivity, navigation software, UAV platforms, and system integration for future uses such as search-and-rescue, delivery, and wildlife conservation. Any definitive collaboration agreements remain pending.
Synaptics (Nasdaq: SYNA) and Google Research will showcase the new Coralboard Edge AI development platform at Google I/O 2026.
Powered by the Synaptics Astra SL2619 SoC, Torq NPU, and Coral NPU technology, Coralboard targets always-on, power-efficient, multimodal on-device AI for rapid prototyping and real-world Edge AI products.
Synaptics (Nasdaq: SYNA) announced participation in several fiscal Q4 2026 investor conferences. President and CEO Rahul Patel presents at the J.P. Morgan 2026 Global Technology, Media and Communications Conference on May 18, 2026, at 6:05 AM PT.
CFO Ken Rizvi takes part in the TD Cowen 54th Annual Technology, Media & Telecom Conference on May 27, 2026, the Mizuho Technology Conference 2026 on June 9, 2026, at 6:45 AM PT, and virtually in the Northland Growth Conference 2026 on June 23, 2026.