Infineon revs up auto business with US$10 billion Cypress deal

By

Expensive move by Europe's largest chip-maker to expand.

Infineon revs up auto business with US$10 billion Cypress deal
Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for US$10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies. Investors swiftly gave the deal a thumbs-down on concerns that ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

CBA using facial recognition logins to verify disputed payments

CBA using facial recognition logins to verify disputed payments

Australia takes another step toward a central bank digital currency

Australia takes another step toward a central bank digital currency

nib develops Cortex-powered AI to streamline data migration

nib develops Cortex-powered AI to streamline data migration

ANZ to put 3000 leaders through an AI "immersion centre"

ANZ to put 3000 leaders through an AI "immersion centre"

Log In

  |  Forgot your password?