# Infineon Technologies to acquire GaN Systems for $830 million

Infineon Technologies AG signed a definitive agreement to acquire GaN Systems, Inc. for $830 million in an all-cash transaction. The transaction is expected to close within calendar year 2023.

- Type: Acquisition
- Announced: 2023-03-02
- Where: Ottawa, Canada, Canada
- Value: $830.0M
- Status: announced
- Products: gallium nitride (GaN) power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Infineon Technologies AG](https://endata.com/companies/15717.md) (acquirer)
- [GaN Systems](https://endata.com/companies/57872.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/INFINEON-TECHNOLOGIES-AG-436299/news/Infineon-Technologies-AG-signed-a-definitive-agreement-to-acquire-GaN-Systems-Inc-for-830-million-43156165/), 2023-03-01: "Infineon Technologies AG signed a definitive agreement to acquire GaN Systems, Inc. for $830 million."
- [infineon.com](https://www.infineon.com/press-release/2023/infxx202303-073), 2023-03-02: "Infineon will acquire GaN Systems for US$830 million."
- [osler.com](https://www.osler.com/en/about-us/representative-work/gan-systems-inc/), 2023-03-02: "Osler acted for GaN Systems Inc. in its US$830 million acquisition by Infineon Technologies AG announced March 2, 2023."
- [designnews.com](https://www.designnews.com/semiconductors-chips/infineon-strengthens-gan-presence-by-acquiring-gan-systems), 2023-03-03: "Infineon Technologies has acquired GaN Systems to expand its portfolio of GaN semiconductors for applications such as vehicle power inverters."

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