M&A Deal Summary

Infineon Technologies Acquires Cypress Semiconductors

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

Acquisition Highlights
  • This is Infineon Technologies’ 12th transaction in the Semiconductors sector.
  • This is Infineon Technologies’ 0th largest (disclosed) transaction.
  • This is Infineon Technologies’ 8th transaction in the United States.
  • This is Infineon Technologies’ 7th transaction in California.

M&A Deal Summary

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

Target

Cypress Semiconductors

San Jose, California, United States
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

Munich, Germany

Category Company
Sector Semiconductors
Employees59,364
Revenue 16.3B EUR (2023)
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 18 of 18
Sector (Semiconductors) 12 of 12
Type (Add-on Acquisition) 10 of 10
State (California) 7 of 7
Country (United States) 8 of 8
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-12 Siltectra

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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 Infineon Technologies - HiRel DC-DC Converter Business

San Jose, California, United States

Infineon Technologies' HiRel DC-DC Converter Business provides high-reliability DC-DC converters, including hybrid and custom board based power products for space, strategic defense, aerospace, and other high-reliability customers. Infineon Technologies' HiRel DC-DC Converter Business is based in San Jose, California.

Sell -