German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported on Sunday. Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announced today the Closing of the acquisition of Cypress Semiconductor Corporation. Together, we will continue our shared commitments to innovation and focused R&D investments to accelerate technology advancements.” Hassane El-Khoury, President and CEO of Cypress, said: “The Cypress team is excited to join forces with Infineon to capitalize on the multi-billion dollar opportunities from the massive rise in connectivity and computing requirements of the next technology waves. Infineon announced us they will keep the current communication between all customers and them for a while under this serious COVID-19 situation. The acquisition makes Infineon one of the world's top 10 semiconductor manufacturers. The company adds to its R&D presence in Silicon Valley and gains presence, as well as market share, in the strategically important Japanese market. The transaction is now expected to close within the next five business days. We will offer the industry’s most comprehensive portfolio for linking the real with the digital world – comprising an unparalleled range of hardware, software and security solutions for the connected age. In the 2019 fiscal year (ending 30 September), the Company reported sales of €8.0 billion with about 41,400 employees worldwide. The offer price represents a 46 percent premium to Cypress’s unaffected 30-day volume-weighted average price during the period from 15 April to 28 May 2019, the last trading day prior to media reports regarding a potential sale of Cypress. The combination of Infineon’s security expertise and Cypress’s connectivity know-how will accelerate entry into new IoT applications in the industrial and consumer segments. > About Infineon > Cypress acquisition, Infineon Technologies AG completes acquisition of Cypress Semiconductor Corporation, Infineon Makes Successful Debut on the Hybrid Bond Market and raises EUR 1.2 billion to re-finance the Cypress acquisition, Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Usage of this website is subject to our Usage Terms. Customer Service Support +1-800-541-4736 Hours: 8:00AM - 5:00PM (local time) Create a MyCase Cypress Developer Community. This transaction will create product opportunities that are increasingly important in the competitive automotive, industrial, and consumer markets. The proposed transaction will be submitted to Cypress stockholders for their consideration. Cypress is committed to providing customers with the best support and development resources on the planet enabling them to disrupt markets by creating new product categories in record time. Munich, Germany, and San Jose, California – 3 and 2 June 2019 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cypress Semiconductor Corporation (NASDAQ: CY) today announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. On Semi currently sales of $5.5bn and an increasingly similar range of power and wireless products. The deal closed in Apr… Upon successful integration, Infineon will adapt its target operating model accordingly. Cypress expects to continue its quarterly cash dividend payments until the transaction closes. Infineon CFO Sven … This announcement is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. On Semiconductor has appointed Hassane El-Khoury as chief executive to replace retiring boss Keith Jackson. Microelectronics from Infineon is the key to a better future. Customer Service Support +1-800-541-4736 Hours: 8:00AM - 5:00PM (local time) Create a MyCase Cypress Developer Community. In addition, the Management Board will host a telephone press conference with the media at 9:15 am (CEST). As Board members, we are grateful for Cypress’s outstanding management team, led by Hassane El-Khoury.” More robust positioning in high-growth markets With the addition of Cypress, Infineon will consequently strengthen its focus on structural growth drivers and serve a broader range of applications. Acquisition of Cypress Semiconductor, 3 June 2019 Start: 8:15 am CEST / 7:15 am UK / 2:15 am EDT, 苏ICP备15016286号-1 | 苏公网安备 32021402001016号 | 营业执照, Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Dr. Reinhard Ploss, CEO Infineon Technologies AG, Hassane El-Khoury, President and CEO of Cypress, Steve Albrecht, Chairman of the Board of Directors of Cypress, Acquisition of Cypress Semiconductor, 3 June 2019, Home The Financial Advisors are acting exclusively for Infineon Technologies AG and for no-one else in connection with or in respect of the transactions referred to in this announcement and will not regard any other person (whether or not a recipient of this presentation) as a client in relation to these transactions and will not be responsible to any other person for providing the protections afforded to their respective clients, or for advising any such person on the contents of this announcement or in connection with any transaction referred to in this announcement. The acquisition is subject to approval by Cypress's shareholders and the relevant regulatory bodies as well as other customary conditions. Infineon shares slid 6.5% Monday as investors reacted to the deal. The transaction has been approved by the Cypress shareholders and all required regulatory clearances have been obtained. Infineon is committed to retaining a solid investment grade rating and, consequently, Infineon intends to ultimately finance approximately 30 percent of the total transaction value with equity and the remainder with debt as well as cash on hand. Cypress’s microcontrollers, wireless and USB-based connectivity solutions, analog ICs, and reliable, high-performance memories help engineers design differentiated products and get them to market first. Its product range is a perfect match. Cypress Semiconductor Corporation is an American semiconductor design and manufacturing company. Neither this announcement nor any part of it form the basis of, nor should any of them be relied on in connection with, any voting decisions to be taken by shareholders of either Cypress or Infineon Technologies AG, any offer to purchase or sell, or contract to purchase or sell, any securities of Cypress or Infineon Technologies AG, any member of the Cypress Group or Infineon Technologies Group, or with any other offer, contract or commitment whatsoever. Cypress Semiconductor, An Infineon Technologies Company / U.S.A. Cypress is now Infineon. > Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Usage of this website is subject to our Usage Terms. Cypress' stock, which previously traded in the mid-teens, surged toward Infineon's offer of $23.85 per share. After receiving interest from several companies, we entered into a transaction that is a testament to our team’s strategy and hard work. The closing is expected by the end of calendar year 2019 or early 2020. Credit Suisse and J.P. Morgan acted as lead financial advisors to Infineon. Infineon announces final regulatory approval for acquisition of Cypress Semiconductor Corporation Apr 7, 2020 | Business & Financial Press Neubiberg, Germany – 7 April 2020 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced that all necessary regulatory approvals have been received for its acquisition of Cypress Semiconductor Corporation (NASDAQ: CY). Such forward-looking statements are based on numerous assumptions regarding the Infineon Technologies AG’s present and future business strategies and the market environment in which Infineon Technologies AG will operate in the future. As part of our team, ... Cypress Semiconductor Corporation. Additional Information Regarding Cypress and Where to Find It This communication may be deemed to be solicitation material of Cypress in respect of the proposed transaction. For Cypress shareholders, the combination of continued dividends through closing plus the US$23.85 cash price represents significant value creation. This announcement is not only a testament to the strength of our team in delivering industry-leading solutions worldwide, but also to what can be realized from uniting our two great companies. This corresponds to a fully diluted enterprise value for Cypress of €9.0 billion. The capital intensity will decrease, resulting in an increasing free cash flow margin. Reinhard Ploss, CEO of Infineon, said: “The planned acquisition of Cypress is a landmark step in Infineon’s strategic development. To learn more, go to www.cypress.com. He led Cypress Semiconductor’s purchase by Infineon Semiconductor in a $9bn deal. With this transaction, we will be able to offer our customers the most comprehensive portfolio for linking the real with the digital world. Risk Factors in Cypress’ Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2019 and any subsequent filings with the U.S. Securities and Exchange Commission (the “SEC”). It can be followed over the Internet in both English and German. Cypress assumes no obligation (and specifically disclaim any such obligation) to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Combining these technology assets will enable comprehensive advanced solutions for high-growth applications such as electric drives, battery-powered devices and power supplies. Infineon Technologies AG completes acquisition of Cypress Semiconductor Corporation. Information regarding certain of these persons and their beneficial ownership of Cypress’ common stock is also set forth in Cypress’ definitive proxy statement on Schedule 14A for its 2019 annual meeting of stockholders filed on March 15, 2019 with the SEC, which can be obtained free of charge from the sources indicated above. Transaction details Under the terms of the agreement, Infineon will offer US$23.85 in cash for all outstanding shares of Cypress. > Press Cypress is the leader in advanced embedded solutions for the world’s most innovative automotive, industrial, smart home appliances, consumer electronics and medical products. This communication does not constitute an offer to sell or the solicitation of an offer to buy Cypress’ securities or the solicitation of any vote or approval. This announcement does not constitute or form part of, and should not be construed as, an offer of, a solicitation of an offer to buy, or an invitation to subscribe for, underwrite or otherwise acquire, any securities of the Infineon Technologies AG, the Cypress Semiconductor Corp. or the securities of any existing or future member of the Cypress group (the “Cypress Group”) or the Infineon Technologies AG group (the “Infineon Technologies Group”). You are urged to consider these factors carefully in evaluating the forward-looking statements in this announcement and not to place undue reliance on such statements. Infineon acquires Cypress Semiconductor in deal valued at $10 billion Infineon Technologies has agreed to buy Cypress Semiconductor in a deal that values the chipmaker at $10 billion. La firma alemana de semiconductores Infineon ha pactado la compra de la estadounidenses Cypress Semiconductor en una operación de 9.000 millones de … Cautionary Note Regarding Forward Looking Statements of Cypress This communication contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the merger (the “Merger”) of Cypress Semiconductor Corporation on the terms and subject to the conditions set forth in the Agreement and Plan of Merger, dated as of June 3, 2019 (the “Merger Agreement”), the benefits of the proposed transaction and the anticipated timing of the proposed transaction. Microelectronics from Infineon is the key to a better future. On 3 June 2019, Infineon and Cypress announced that the companies had signed a definitive agreement under which Infineon would acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Infineon Technologies AG’s financial position, business strategy, expected financial impact of the acquisition (including cost and revenue synergies), plans and objectives of management for future operations (including cost savings and productivity improvement plans) are forward-looking statements. Risk Factors in Cypress’ Annual Report on Form 10-K for the fiscal year ended December 30, 2018 and Part II, Item 1A. After a long period of uncertainty, Infineon Technologies has received all regulatory approvals necessary for the acquisition of Cypress Semiconductor Corporation. Forward-looking information involves risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in, or reasonably inferred from, such statements. The distributor is also franchised to supply products from Infineon’s subsidiary, Cypress Semiconductor worldwide. Infineon Technologies acquired Cypress in June 2019 and has added its memory, microcontrollers, sensor, Bluetooth and WiFi technologies to its own offerings. The financial policy to preserve a strategic cash reserve remains in place. Jointly, we will enable more secure, seamless connections, and provide more complete hardware and software sets to strengthen our customers’ products and technologies in their end markets. Infineon and Cypress: Strengthening the link between the real and the digital world September 2019. These statements reflect only Cypress’ current expectations and are not guarantees of future performance or results. We look forward to welcoming our new colleagues from Cypress to Infineon. This will open up additional growth potential in the automotive, industrial and Internet of Things sectors. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Infineon Technologies AG to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. The definitive proxy statement will be mailed to Cypress’ stockholders. The integration of Cypress is a major step for Infineon and a unique opportunity for our customers. International Support +1 … Jun 2, 2019 This announcement includes “'forward-looking statements.” These statements contain the words “anticipate,” “believe,” “intend,” “estimate,” “expect”, “expected” “”target”, “aims”, “will“ and words of similar meaning. This includes Cypress’s previously announced quarterly cash dividend of US$0.11 per share, payable on July 18, 2019 to holders of record of Cypress’s common stock at the close of business on June 27, 2019. | Business & Financial Press, Munich, Germany, and San Jose, California – 3 and 2 June 2019 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cypress Semiconductor Corporation (NASDAQ: CY) today announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. The proxy statement, any amendments or supplements thereto and other relevant materials, and any other documents filed by Cypress with the SEC, may be obtained once such documents are filed with the SEC free of charge at the SEC’s website at www.sec.gov. Infineon Technologies has announced the closing of the acquisition of Cypress Semiconductor, which it said will strengthen its focus on structural … All three banks acted as structuring banks in addition to providing committed financing for the transaction, Bank of America Merrill Lynch in the lead. Expected economies of scale will create cost synergies of €180 million per annum by 2022. For additional discussion of potential risks and uncertainties that could impact Cypress’ results of operations or financial position, refer to Part I, Item 1A. With Cypress Semiconductor’s Merger Drama Ending, It May Offer Way to Offset Market Turbulence For German chipmaker Infineon, there’s still one more small hurdle to … Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. This will accelerate the company’s path of profitable growth of recent years. Cypress Semiconductor Corporation fue una empresa norteamericana dedicada al diseño y fabricación de semiconductores. At the same time, Infineon aims to achieve significant economies of scale, making Infineon's business model even more resilient. German chip maker Infineon Technologies AG agreed to national security concessions to resolve U.S. concerns about its takeover of Cypress Semiconductor Corp., according to … Cypress Semiconductor Corporation An Infineon Technologies Company 6 Arie Regev Street 42504 Netanya Israel Product Design. Fabricaba memorias flash NOR , microcontroladores Traveo F-RAM y SRAM, las únicas soluciones PSoC system-on-chip programables, ICs para gestión de potencia (PMIC), CapSense controladores capacitivos sensibles al tacto, soluciones de Baja Energía Bluetooth (BLE) y de … Following Infineon Technologies’ acquisition of Cypress Semiconductor, distributor Rutronik will now offer the memories, microcontrollers and other products in the Cypress portfolio. 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