Infineon to acquire Cypress Semiconductor for $10 billion

By Dyllan Furness Semiconductor manufacturer Infineon Technologies has acquired Cypress Semiconductor Corporation for $23.85 per share, or about $10.1 billion.

The acquisition will add Cypress’s microcontrollers and software and connectivity components, such as NOR flash memories, to Infineon’s portfolio.

If approved by Cypress’s shareholders and regulatory agencies, the acquisition is expected to close by early …read more