Assertion: semiconductor | /r/CapableOf | sell switching
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text: In August 2016, ON Semiconductor has entered into a definitive agreement with respect to the divestiture of the Ignition IGBT business to Littelfuse and has also entered into a separate definitive agreement with Littelfuse to sell its transient voltage suppression (“TVS”) diode and switching thyristor product lines, for a combined $104 million in cash.