# Cypress Semiconductor and Spansion agree to merge in $4B deal

Cypress Semiconductor Corp. and Spansion, Inc. announced a definitive agreement to merge in an all-stock, tax-free transaction valued at approximately $4 billion. The combined company will be a $2 billion global leader in microcontrollers and specialized memories.

- Type: Acquisition
- Announced: 2017-10-14
- Where: San Jose, California, United States
- Value: $4.00B
- Status: announced
- Products: microcontrollers, specialized memories, NOR Flash memories, SRAM memories
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cypress Semiconductor](https://endata.com/companies/22566.md) (acquirer)
- [Spansion](https://endata.com/companies/27797.md) (target)

## Sources

- [semiconductordevice.net](https://semiconductordevice.net/CypressSemiconductor/cypress-semiconductor-investor-relations), 2017-10-14: "This merger represents the combination of two smart, profitable, passionately entrepreneurial companies that are No. 1 in their respective memory markets."

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