Infineon signs definitive agreement to acquire Cypress Semiconductor for USD10 billion

News
M&A

Acquisition expected to yield EUR180 million in cost synergies per annum by 2022 and more than EUR1.5 billion annual revenue synergies in the long-term

Infineon Technologies has signed a definitive agreement to acquire Cypress Semiconductor for EUR9 billion (USD10 billion), according to a company press release on 3 June

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload