# 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.

- Type: Acquisition
- Announced: 2019-10-22
- Value: $9.90B (9.00B EUR)
- Status: announced
- Products: semiconductors, power semiconductors, embedded systems solutions
- 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

- [evertiq.com](https://evertiq.com/design/47082), 2019-10-22: "The European Commission has, under the EU Merger Regulation, approved the acquisition of US-based Cypress Semiconductor by German semiconductor company Infineon Technologies."

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