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Infineon to sell Newport manufacturing site to Neptune 6 · Endata

◂ Announcements

Sep 21, 2017ACQUISITIONNewport, UK, United Kingdom

Infineon to sell Newport manufacturing site to Neptune 6

Infineon Technologies has signed an agreement to sell its IR Newport Ltd. subsidiary manufacturing site in Newport, UK to Neptune 6 Ltd. The deal is expected to close by the end of September 2017, and the buyer will operate the site as Newport Wafer Fab Ltd.

Status

Announced

Productssemiconductor wafers

CompaniesInfineon Technologies AG Infineon Technologies AG partner Neptune 6 Ltd. acquirer IR Newport target Newport Wafer Fab target

Sectors#Semiconductors and Industrial Electronics

“I am convinced that with Neptune 6 we have found the right partner who will secure production and jobs in Newport.”evertiq.com

3 sources
evertiq.comInfineon to sell its Newport manufacturing site to Neptune 6EvertiqSep 21, 2017
apps.digitimes.comInfineon to sell Newport manufacturing site to Neptune 6Rodney Chan, DIGITIMES, TaipeiSep 22, 2017
csconnected.comIn the news: Infineon selling IR Newport manufacturing site to new firm Neptune 6 | CSconnectedOct 26, 2017

Summarized from public sources; check the original articles before acting on it.

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