M&A Deal Summary

Wolfspeed Acquires Infineon Technologies AG - Radio Frequency Power Business

On March 6, 2018, Wolfspeed acquired semiconductors company Infineon Technologies AG - Radio Frequency Power Business from Infineon Technologies for 345M EUR

Acquisition Highlights
  • This is Wolfspeed’s 1st transaction in the Semiconductors sector.
  • This is Wolfspeed’s 2nd largest (disclosed) transaction.
  • This is Wolfspeed’s 1st transaction in Germany.

M&A Deal Summary

Date 2018-03-06
Target Infineon Technologies AG - Radio Frequency Power Business
Sector Semiconductors
Buyer(s) Wolfspeed
Sellers(s) Infineon Technologies
Deal Type Divestiture
Deal Value 345M EUR

Target

Infineon Technologies AG - Radio Frequency Power Business

Neubiberg, Germany
Infineon Technologies AG - Radio Frequency (RF) Power Business focus is on RF discrete Transistors and MMICs for Power Amplifiers (RF PAs) for wireless infrastructure using LDMOS and GaN-on SiC technologies.

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Buyer(S) 1

Buyer

Wolfspeed

Durham, North Carolina, United States

Category Company
Founded 1987
Sector Semiconductors
Employees4,802
Revenue 807M USD (2024)
DESCRIPTION
Entrance to Cree's corporate campus in Durham, North Carolina.
Entrance to Cree's corporate campus in Durham, North Carolina.

Wolfspeed is a provider of energy-efficient, mercury-free LED lighting. Wolfspeed markets lighting-class LEDs, LED lighting, and semiconductor products for power and radio frequency (RF) applications. Wolfspeed was formed in 1987 and is based in Durham, North Carolina.


DEAL STATS #
Overall 6 of 7
Sector: Semiconductors M&A 1 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Germany M&A 1 of 2
Year: 2018 M&A 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 Arkansas Power Electronics International

Fayetteville, Arkansas, United States

APEI is a global provider of power modules and power electronics applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Cree - Lighting Products Business Unit

Durham, North Carolina, United States

Cree, Inc. - Lighting Products Business Unit includes the LED lighting fixtures, lamps, and intelligent lighting control solutions business for commercial, industrial and consumer applications.

Sell -

Seller(S) 1

SELLER

Infineon Technologies

Neubiberg, Germany

Category Company
Founded 1999
Sector Semiconductors
Employees56,371
Revenue 15.0B EUR (2024)
DESCRIPTION

Infineon Technologies offers semiconductors and system solutions for automotive and industrial electronics and chip card and security applications. Infineon Technologies was founded in 1999 and is based in Neubiberg, Germany.


DEAL STATS #
Overall 16 of 18
Sector: Semiconductors M&A 7 of 9
Type: Divestiture M&A Deals 16 of 18
Country: Germany M&A 14 of 14
Year: 2018 M&A 1 of 1
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 Innoluce BV

Nijmegen, Netherlands

Innoluce BV is a fabless semiconductor company. Innoluce is a provider of miniature laser scanning modules that integrate silicon-based solid-state MEMS micro-mirrors.

Buy -
FOLLOWING 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