Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
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