Spansion

Cypress Semiconductor and Spansion announced an all-stock merger valued at approximately $4 billion. The combined company will be headquartered in San Jose, California, and named Cypress Semiconductor Corporation. The deal is expected to close in the first half of 2015.

Cypress Semiconductor Corp. and Spansion, Inc. announced a definitive agreement to merge in an all-stock, tax-free transaction valued at approximately $4 billion. The combined company will be a $2 billion global leader in microcontrollers and specialized memories.