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
Related Tech News
Kindle is an interesting case. The first one was a dream of a product. Battery…more »
It doesn’t say much for the state of the art in driverless cars when the…more »
As Donald Campbell drives his jet-powered Bluebird over the Bonneville Salt Flats in his attempt…more »
Micron, now the world’s sixth biggest, semiconductor company seemed to have put itself in a…more »
Share your knowledge - Leave a comment