Infineon revs up auto business with US$10 billion Cypress deal

By

Expensive move by Europe's largest chip-maker to expand.

Infineon revs up auto business with US$10 billion Cypress deal
Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for US$10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies. Investors swiftly gave the deal a thumbs-down on concerns that ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

RBA reveals three-year project to upgrade payment IT systems

RBA reveals three-year project to upgrade payment IT systems

CBA backs GitHub automations to get new features to customers faster

CBA backs GitHub automations to get new features to customers faster

NAB decommissions 26-year-old Teradata platform

NAB decommissions 26-year-old Teradata platform

BoQ pressured to reveal automation impact

BoQ pressured to reveal automation impact

Log In

  |  Forgot your password?