Ferric Acquisition, Valuation, Funding & Investors

Ferric was acquired by onsemi for $600M in November 2026.

Ferric acquisition price

$600M

Acquired by onsemi ยท Nov 2026

Cumulative funding Ferric raised

$9M

across 4 funding rounds

Ferric Overview

About Ferric

Ferric is a Santa Clara-based semiconductor firm developing integrated power inductors and voltage regulators. The company supplies IP blocks to TSMC and GlobalFoundries for SoC designs in smartphones and servers, reducing power delivery area by integrating magnetics into CMOS processes.


Founded

2011

HQ

United StatesNew York City, NY

Website

ferric.com

Status

Acquired

Customer focus

B2B

Revenue model

Licensing

Valuation

$600M (acquired Nov 2026)

Ferric Acquisition

Ferric was acquired by onsemi for $600M on 2 November 2026.

Before the acquisition Ferric had raised $9M across 4 funding rounds.

onsemi agreed to acquire Ferric, Inc. in November 2026 for USD 600 million in cash at closing, plus up to USD 175 million in additional cash consideration tied to revenue milestones. The transaction is expected to close by the end of 2026, subject to customary closing conditions. onsemi said it expects the deal to be accretive to its long-term revenue growth and gross-margin targets at scale, expects no meaningful near-term financial impact, and is raising its 2030 AI data center revenue target by USD 500 million to more than USD 3 billion, with accelerated growth in integrated voltage regulators thereafter. Ferric's founder and chief executive Noah Sturcken said joining onsemi provides the scale, manufacturing capabilities and customer reach to bring the technology into the mainstream. Ferric is a New York-based semiconductor company, founded in 2010, that develops integrated voltage regulator technology for AI processors, placing voltage regulation close to the processor to reduce losses and increase power density. Ferric had raised about USD 41.8 million from investors before the sale. The Information had reported talks at close to USD 1 billion a week earlier.

Ferric acquisition details
AcquirerDateTypePrice
2 Nov 2026Strategic M&A$600M

Sources: globenewswire.com, evertiq.com, electronicsweekly.com

Ferric Funding History

Ferric has raised a total of $9M across 4 funding rounds.

Ferric's first fundraising round was a $500K seed round in July 2013. The most recent completed round was a $5M Series A in July 2017.

Ferric funding rounds

Ferric funding rounds
DateStageRaised
Jul 2017Series A$5M
Jan 2016Seed$3M
Mar 2014Pre-seed$500K
Jul 2013Seed$500K

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Ferric Competitors

Ferric competitors include listed companies like Silex Systems, Seco, Centum Electronics and Hongli Zhihui Group Co, and private ones like Beiyi Semiconductor and Silicon Box.

Public and private companies comparable to Ferric
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Silex SystemsAustraliaAustraliaPublicly listed$9M($32M)$574M35.8x
SecoItalyItalyPublicly listed$223M$31M$632M3.0x
Centum ElectronicsIndiaIndiaPublicly listed$101M$14M$638M5.4x
Hongli Zhihui Group CoChinaChinaPublicly listed$653M$50M$639M-
Beiyi SemiconductorChinaShenzhenPrivate--$363M-
Silicon BoxSingaporeSingaporePrivate--$1B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Fitipower Integrated Technology$547M$66M0.7x0.6x5.5x5.3x
Elmet Group$202M$6M2.7x2.2x97.4x14.6x
Viewtrix Technology Co$166M($34M)2.4x-(11.8x)-
FourSemi$55M($8M)10.0x-(72.9x)-
First Sensor$118M$3M5.0x-205.2x-
XP Power$309M$26M2.4x2.2x28.5x12.7x
Vishay Precision Group$307M$25M1.8x1.6x21.9x19.6x
Shivalik Bimetal Controls$61M$15M10.1x8.6x42.0x36.1x

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Common questions about Ferric

When was Ferric founded?Ferric was founded in 2011.
Where is Ferric headquartered?Ferric is headquartered in New York City, NY, United States.
Is Ferric publicly listed?No, Ferric was acquired by onsemi in November 2026.
Who acquired Ferric?Ferric was acquired by onsemi in November 2026.
How much was Ferric acquired for?Ferric was acquired for $600M in November 2026.
How much funding has Ferric raised?Ferric has raised $9M across 4 funding rounds.
What was Ferric's last funding round?Ferric's last funding round was a $5M Series A in July 2017.
Which companies are comparable to Ferric?Companies comparable to Ferric include Silex Systems, Seco, Centum Electronics, Hongli Zhihui Group Co, Beiyi Semiconductor and Silicon Box.

See companies similar to Ferric

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