# Infineon Technologies completes acquisition of GaN Systems

Infineon Technologies completed its acquisition of GaN Systems, a developer of Gallium Nitride power conversion solutions, for $830 million. The deal, announced in March 2023, has received all regulatory approvals and GaN Systems is now integrated into Infineon.

- Type: Acquisition
- Announced: 2024-02-07
- Value: $830.0M
- Status: completed
- Products: Gallium Nitride power conversion solutions
- 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

- [powerelectronicsnews.com](https://www.powerelectronicsnews.com/infineon-technologies-acquires-gan-systems-expanding-its-power-conversion-solutions/), 2024-02-07: "The acquisition of GaN Systems is a further milestone in Infineon's strategic development: we are strengthening and accelerating our profitable growth and strengthening Infineon key competencies."

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