ALGM Allegro MicroSystems

Allegro Confirms Receipt of Unsolicited Proposal from onsemi

Allegro Confirms Receipt of Unsolicited Proposal from onsemi

MANCHESTER, N.H., March 06, 2025 (GLOBE NEWSWIRE) -- Allegro (NASDAQ: ALGM) ("Allegro" or the "Company") today confirmed that it received an unsolicited proposal from onsemi to acquire Allegro for $35.10 per share in cash on February 12, 2025. The Allegro Board of Directors reviewed the proposal, in consultation with its independent financial and legal advisors, and determined that the proposal was inadequate.

Allegro does not intend to comment further on this matter unless it determines it necessary to do so.

PJT Partners is serving as financial advisor to Allegro. Davis Polk & Wardwell LLP is serving as legal advisor to Allegro.

About Allegro Microsystems

Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel automotive, clean energy and industrial automation forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in "automotive-grade" technology and a partner in our customers' success. For additional information, visit /en/.

Allegro Contact:

Jalene Hoover

VP of IR & Corporate Communications

Phone:

Matt Sherman / Aaron Palash

Joele Frank, Wilkinson Brimmer Katcher

+1 (212) 355-4449



EN
06/03/2025

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Allegro MicroSystems to Present at the 53rd Annual Nasdaq Investor Con...

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November 25, 2025 1 EN
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Allegro MicroSystems Reports Second Quarter 2026 Results

Allegro MicroSystems Reports Second Quarter 2026 Results Sales Increased 14% Year-Over-Year to $214 Million MANCHESTER, N.H., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter ended September 26, 2025. “We delivered strong second quarter results, with sales of $214 million, up 14% year-over-year, and led by growth in both e-Mobility and Industrial & Other, increasing...

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Allegro MicroSystems Unveils Industry’s First Production-Ready 10 MHz ...

Allegro MicroSystems Unveils Industry’s First Production-Ready 10 MHz TMR Current Sensor, Enabling Optimal Protection and Control of Wide Bandgap Power Electronics New XtremeSense™ TMR current sensor provides the high-fidelity signal needed to master the power conversion signal chain in EVs, clean energy, and data center designs adopting GaN and SiC FETs MANCHESTER, N.H., Oct. 21, 2025 (GLOBE NEWSWIRE) -- (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today introduced the industry's first commercially availabl...

October 21, 2025 1 EN
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Allegro MicroSystems Appoints Troy Coleman as Senior Vice President, G...

Allegro MicroSystems Appoints Troy Coleman as Senior Vice President, General Manager, Products MANCHESTER, N.H., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Troy Coleman as Senior Vice President, General Manager, Products, effective October 14, 2025. Troy will be responsible for leading our product portfolios, driving strategic growth, innovation, and market leadership in our core power and sensing sol...

October 14, 2025 1 EN
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Allegro MicroSystems to Announce Second Quarter Fiscal Year 2026 Finan...

Allegro MicroSystems to Announce Second Quarter Fiscal Year 2026 Financial Results MANCHESTER, N.H., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its second quarter fiscal year 2026 prior to the market open on Thursday, October 30, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D’Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and business outlook. An...

October 9, 2025 1 EN

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