Friday, December 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Google Concerned About MPAA's Actions To Revive SOPA
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > General Computing > Infineo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, August 20, 2014
Infineon To Buy International Rectifier for Approximately USD3 Billion


German chip-maker Infineon Technologies will buy U.S.-based International Rectifier for about USD 3 billion in cash, the companies announced today.

The acquisition combines two semiconductor companies with leadership positions in power management technology. By the integration of International Rectifier, Infineon complements its offerings and will be able to provide its customers with a broader range of products and services. Infineon will also benefit significantly from greater economies of scale as well as a larger regional footprint.

With International Rectifier, Infineon acquires a manufacturer in Gallium Nitride on Silicon (GaN) based power semiconductors. This combination will strengthen Infineon’s position in GaN discretes and GaN system solutions, improving its ability to pursue this strategically important technology platform with significant future growth potential.

Dr. Reinhard Ploss, CEO of Infineon Technologies AG, says: "The acquisition of International Rectifier is a unique opportunity. With their great knowledge of specific customer needs and their application understanding, International Rectifier employees will contribute to Infineon’s strategic development from product thinking to system understanding and system solutions. The combination of Infineon’s and International Rectifier’s products, technological and innovative excellence, as well as distributional strength will unleash great potential."

Oleg Khaykin, President and CEO of International Rectifier, says: "This transaction provides significant value to our stockholders and opens new strategic opportunities for both our customers and employees. By combining two complementary providers in power management solutions, International Rectifier will benefit from Infineon’s products and technologies, manufacturing and operational excellence and greater R&D scale."

The companies expect to close the transaction late in the calendar year 2014 or early in the calendar year 2015 subject to regulatory approval.



Previous
Next
Shuttle Presents ARM-based Android PCs        All News        Verizon May Launch New App Store
Intel, Chunghwa Telecom Team up on Internet of Things     General Computing News      Ballmer Steps Down From Microsoft Board

Get RSS feed Easy Print E-Mail this Message

Related News
UMC To Make Infineon's Automotive Chips
EU To Fine Philips, Infineon And Samsung
Infineon and Atmel Settle Patent Dispute
Infineon and GLOBALFOUNDRIES To Produce 40nm Embedded Flash Process Technology
Infineon To Make FIrst Chips Out Of 300mm Wafers
Infineon Purchases Manufacturing Facilities from Qimonda
Infineon to Offer First "80 PLUS Platinum" Compliant Power Supply Reference Design
Infineon Files Patent Infringement Lawsuit Against Atmel
Intel to Acquire Infineon's Wireless Solutions Business
Infineon and Elpida Settle Legal Dispute
Elpida Filed a Lawsuit Against Infineon Technologies AG
USITC To Inverstigate DRAM Patent Case

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .