Infineon Pursuing US Acquistion

Infineon is expected to announce a $2 billion takeover of a US chip company later today, reports Bloomberg.

US companies which have products complementing Infineon's strength in power management and which have p appropriate market caps are Power Integrations - market cap $1.68 billion, Fairchild - market cap $1.89 billion, and Semtech -market cap $1.6 billion.

Infineon has $2.8 billion in cash



  1. Yes thanks Jack, a brilliant move I think, the IP alone is probably worth $3bn

  2. it’s announced – International Rectifier for US$3bn.

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