Infineon Technologies to Acquire Cypress Semiconductor: Becomes Number 1 Automotive Semiconductor Supplier
Jun 2019 | IDC Link | Doc # lcUS45131819
By: Nina TurnerResearch Manager, Worldwide Semiconductor Applications Forecaster, Michael J. PalmaResearch Director, Enabling Technologies and Semiconductors, Mario MoralesProgram Vice President, Enabling Technologies and Semiconductors
On June 3, 2019, Infineon Technologies AG announced that it intends to acquire Cypress Semiconductor Corp. for $23.85/share for a total transaction size of $10 billion. According to Infineon, the strategic rationale for this acquisition is ...