# 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.

- Type: Acquisition
- Announced: 2017-09-21
- Where: Newport, UK, United Kingdom
- Status: announced
- Products: semiconductor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Infineon Technologies AG](https://endata.com/companies/15717.md)
- [Infineon Technologies AG](https://endata.com/companies/15717.md) (partner)
- [Neptune 6 Ltd.](https://endata.com/companies/27062.md) (acquirer)
- [IR Newport](https://endata.com/companies/27079.md) (target)
- [Newport Wafer Fab](https://endata.com/companies/27557.md) (target)

## Sources

- [evertiq.com](https://evertiq.com/design/42608), 2017-09-21: "I am convinced that with Neptune 6 we have found the right partner who will secure production and jobs in Newport."
- [apps.digitimes.com](https://apps.digitimes.com/news/a20170922PR202.html), 2017-09-22: "Infineon Technologies and a private company trading under the name Neptune 6 have announced that they have signed a definitive agreement under which Neptune 6 will acquire IR Newport."
- [csconnected.com](https://csconnected.com/news/2017/10/in-the-news-infineon-selling-ir-newport-manufacturing-site-to-new-firm-neptune-6/), 2017-10-26: "With Neptune 6 we have found the right partner who will secure production and jobs in Newport."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.