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
Website
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.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 2 Nov 2026 | Strategic 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
| Date | Stage | Raised |
|---|---|---|
| Jul 2017 | Series A | $5M |
| Jan 2016 | Seed | $3M |
| Mar 2014 | Pre-seed | $500K |
| Jul 2013 | Seed | $500K |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialFerric 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $9M | ($32M) | $574M | 35.8x | ||
| Publicly listed | $223M | $31M | $632M | 3.0x | ||
| Publicly listed | $101M | $14M | $638M | 5.4x | ||
| Publicly listed | $653M | $50M | $639M | - | ||
| Private | - | - | $363M | - | ||
| Private | - | - | $1B | - |
Ferric Public Comps
Ferric is no longer listed, but its public comps include Fitipower Integrated Technology, Elmet Group, Viewtrix Technology Co, FourSemi, First Sensor, XP Power, Vishay Precision Group, Shivalik Bimetal Controls, Peri Power Semiconductor and Jiangxi Lianchuang.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $547M | $66M | 0.7x | 0.6x | 5.5x | 5.3x | |||
| $202M | $6M | 2.7x | 2.2x | 97.4x | 14.6x | |||
| $166M | ($34M) | 2.4x | - | (11.8x) | - | |||
| $55M | ($8M) | 10.0x | - | (72.9x) | - | |||
| $118M | $3M | 5.0x | - | 205.2x | - | |||
| $309M | $26M | 2.4x | 2.2x | 28.5x | 12.7x | |||
| $307M | $25M | 1.8x | 1.6x | 21.9x | 19.6x | |||
| $61M | $15M | 10.1x | 8.6x | 42.0x | 36.1x | |||
This data is available for Pro users. Sign up to see all Ferric competitors and their valuation data. Start Free Trial | ||||||||
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
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




