# Infineon to acquire Cypress Semiconductor for €9 billion

Infineon, Germany's largest chip manufacturer, announced on 3 June 2019 it will acquire U.S. rival Cypress Semiconductor for approximately €9 billion ($10.1 billion), offering $23.85 per share.

- Type: Acquisition
- Announced: 2019-06-03
- Where: San Jose, California, United States
- Value: $10.1B (9.00B EUR)
- Status: announced
- Products: computer chips, semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Infineon Technologies AG](https://endata.com/companies/15717.md) (acquirer)
- [Cypress Semiconductor](https://endata.com/companies/22566.md) (target)
- [Infineon](https://endata.com/companies/22833.md) (acquirer)
- [Cypress](https://endata.com/companies/42006.md) (target)

## Sources

- [infineon.cn](https://www.infineon.cn/partners/partner-ecosystems/greater-china/autoeco/news/2019/infineon-to-acquire-cypress), 2019-06-03: "计划收购赛普拉斯是英飞凌战略发展中具有里程碑意义的一步。"
- [bizjournals.com](https://www.bizjournals.com/sanjose/news/2019/06/03/infineon-snaps-up-san-jose-s-cypress-semiconductor.html), 2019-06-03: "German chipmaker Infineon is buying San Jose-based Cypress Semiconductor Corp. in a $10 billion cash deal that's expected to close by the end of the year."
- [electronicsweekly.com](https://www.electronicsweekly.com/news/business/infineon-buy-cypress-2019-06/), 2019-06-03: "The planned acquisition of Cypress is a landmark step in Infineon's strategic development."
- [en.xfafinance.com](http://en.xfafinance.com/html/Industries/Technology/2019/409866.shtml), 2019-06-03: "Infineon, Germany's largest manufacturer of computer chips, is planning to take over its U.S. rival Cypress Semiconductor for around 9 billion euros"
- [design-reuse.com](https://www.design-reuse.com/news/6733-infineon-to-acquire-cypress-strengthening-and-accelerating-its-path-of-profitable-growth/), 2019-07-18: "The planned acquisition of Cypress is a landmark step in Infineon’s strategic development."
- [channel-e.de](https://www.channel-e.de/branchen-news/merger-acquisitions-2019/page-2), 2019-09-10: "Infineon und Cypress haben einen Vertrag unterzeichnet, demzufolge Infineon Cypress f"

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