Infineon to acquire Cypress Semiconductor for $10 billion

German chipmaker Infineon agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion. The deal is on track to close by end of 2019 or early 2020.

“Infineon, which in June agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, confirmed the deal was on track to close either towards the end of this calendar year or in early 2020.”reuters.com

• 1 source
• reuters.comInfineon confirms reduced guidance, says Cypress deal on trackDouglas BusvineAug 1, 2019

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