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Infineon to acquire Cypress Semiconductor for EUR 9 billion · Endata

◂ Announcements

Oct 22, 2019ACQUISITION

Infineon to acquire Cypress Semiconductor for EUR 9 billion

Infineon Technologies has received EU approval to acquire Cypress Semiconductor for EUR 9.0 billion (USD 23.85 per share). The deal was signed in June 2019.

Value

$9.90B (9.00B EUR)

Status

Announced

Productssemiconductorspower semiconductorsembedded systems solutions

CompaniesInfineon Technologies AG acquirer Cypress Semiconductor target

Sectors#Semiconductors and Industrial Electronics

“The European Commission has, under the EU Merger Regulation, approved the acquisition of US-based Cypress Semiconductor by German semiconductor company Infineon Technologies.”evertiq.com

1 source
evertiq.comEU Commission clears Infineon's acquisition of CypressEvertiqOct 22, 2019

Summarized from public sources; check the original articles before acting on it.

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