Infineon announces acquisition completion of Cypress
2020-04-20 18:07:34 [Print]
On April 16, Infineon Technologies announced the completion of the acquisition of Cypress Semiconductor Company
On June 3, 2019, Infineon Technologies and Cypress Semiconductor announced that they had signed a final agreement, and Infineon would purchase Cypress with a total transaction value of EUR9 billion at a cash price of USD23.85 per share . The transaction has been approved by Cypress shareholders and all necessary regulatory approvals have been obtained.
. Cypress, based in San Jose, will be incorporated into Infineon from now on.On June 3, 2019, Infineon Technologies and Cypress Semiconductor announced that they had signed a final agreement, and Infineon would purchase Cypress with a total transaction value of EUR9 billion at a cash price of USD23.85 per share . The transaction has been approved by Cypress shareholders and all necessary regulatory approvals have been obtained.