M&A Deal Summary

Infineon Technologies AG Acquires Cypress Semiconductors

On June 2, 2019, Infineon Technologies AG acquired semiconductors company Cypress Semiconductors Corp. for 9.0B EUR

Acquisition Highlights
  • This is Infineon Technologies AG’s 13th transaction in the Semiconductors sector.
  • This is Infineon Technologies AG’s 0th largest (disclosed) transaction.
  • This is Infineon Technologies AG’s 9th transaction in the United States.
  • This is Infineon Technologies AG’s 7th transaction in California.

M&A Deal Summary

Date 2019-06-02
Target Cypress Semiconductors Corp.
Sector Semiconductors
Buyer(s) Infineon Technologies AG
Deal Type Add-on Acquisition
Deal Value 9.0B EUR
Advisor(s) Morgan Stanley (Financial)
Simpson Thacher & Bartlett LLP (Legal)

Target

Cypress Semiconductors Corp.

San Jose, California, United States
website
Entrance to Cypress Semiconductor's corporate headquarters in San Jose, California.
Entrance to Cypress Semiconductor's corporate headquarters in San Jose, California.
Cypress Semiconductor Corporation engineers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress' offerings include its flagship PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. Cypress produces capacitive user interface solutions including CapSense touch sensing, TrueTouch touchscreens, and trackpad solutions for notebook PCs and peripherals. Cypress also produces Universal Serial Bus (USB) controllers. Cypress Semiconductor Corporation was established in 1982 and is headquartered in San Jose, California.

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Buyer(S) 1

Buyer

Infineon Technologies AG

Munich, Germany

website


Category Company
SectorSemiconductors
Employees46,700
Revenue 8.6B EUR (2020)
DESCRIPTION

Infineon Technologies offers semiconductors and system solutions for automotive and industrial electronics and chip card and security applications. Infineon Technologies is based in Munich, Germany.


DEAL STATS #
Overall 19 of 19
Sector (Semiconductors) 13 of 13
Type (Add-on Acquisition) 10 of 10
State (California) 7 of 7
Country (United States) 9 of 9
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-12 Siltectra GmbH

Dresden, Germany

Siltectra GmbH develops technology for splitting crystalline materials with minimal loss of material compared to common sawing technologies. Siltectra GmbH was founded in 2010 and is based in Dresden, Germany.

Buy €124M