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

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2 Comments

  1. david manners
    August 21, 2014 09:22

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

  2. Jack
    August 21, 2014 01:10

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

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