# Infineon to acquire Cypress Semiconductor for $10B

Cypress Semiconductor will hold a stockholder vote on August 27 to approve Infineon Technologies' acquisition of Cypress for $23.85 per share in cash, valuing the deal at approximately $10 billion.

- Type: Acquisition
- Announced: 2019-08-08
- Where: United States
- Value: $10.0B
- Status: announced
- Products: embedded solutions, 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)

## Sources

- [thefreelibrary.com](https://www.thefreelibrary.com/Deal+snapshot%3a+CYPRESS+SCHEDULES+STOCKHOLDER+VOTE+ON+INFINEON+MERGER.-a0595899434), 2019-08-08: "Cypress Semiconductor Corp. will hold a special meeting of stockholders on 27 August to approve a deal which provides for German chipmaker Infineon Technologies AG to acquire Cypress for USD 23.85 per share in cash."
- [streetinsider.com](https://www.streetinsider.com/Mergers+and+Acquisitions/Cypress+Semiconductor+%28CY%29+shareholders+approve+merger+with+Infineon/15858071.html), 2019-08-27: "Cypress Semiconductor (CY) shareholders approve merger with Infineon"
- [manilastandard.net](https://manilastandard.net/business/power-technology/303605/pcc-clears-merger-of-infineon-cypress.html), 2019-08-29: "The Philippine Competition Commission said it cleared the acquisition of shares in Silicon Valley-based Cypress Semiconductor Corp. by German chip-maker Infineon Technologies AG."

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