Infineon to acquire Cypress Semiconductor for €9.0 billion

Infineon Technologies AG announced a definitive agreement to acquire Cypress Semiconductor Corporation for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. The transaction is expected to close by end of 2019 or early 2020.

“The planned acquisition of Cypress is a landmark step in Infineon's strategic development.”sec.gov

• 11 sources
• sec.govJun 2, 2019
• audioxpress.comInfineon to Acquire Cypress Semiconductor Aiming Expanded Growth in Connectivity Technologies | audioXpressaudioXpress StaffJun 3, 2019
• wsj.comGerman Chip Maker Infineon Buys U.S. Rival in $9.4 Billion DealRuth Bender, Ben DummettJun 3, 2019
• autotechinsight.spglobal.comInfineon signs definitive agreement to acquire Cypress Semiconductor for USD10 billion - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJun 3, 2019
• reuters.comInfineon revs up auto business with $10 billion Cypress deal

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