Infineon plans capital increase to finance acquisition of Cypress Semiconductor

Tuesday 18 June 2019 | 10:38 CET | News
Infineon Technologies has announced a capital increase of 10 percent to raise gross proceeds of approximately EUR 1.5 billion. The proceeds will be used to partially finance the acquisition of Cypress Semiconductor. The new shares will be offered to institutional investor in the context of a private placement through an accelerated bookbuilding. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cypress Semiconductor / Infineon
Countries: Germany / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


ITTIA unveils SQL database for Cypress MCUs for IoT, connected appliances, autonomous systems

Published 01 Oct 2019 10:23 CET | World
ITTIA, a provider of embedded database software for autonomous systems and IoT devices, and Cypress Semiconductor, a specialist ...

Infineon names new chairman, extends CEO contract until 2022

Published 07 Aug 2019 10:32 CET | Germany
Infineon Technologies said its Supervisory Board elected Wolfang Eder as its new Chair, succeeding Eckart Sunner.  ...

Worldwide semiconductor revenue to decline 9.6% in 2019

Published 22 Jul 2019 11:52 CET | World
Worldwide semiconductor revenue is forecast to decrease 9.6 percent to a total of USD 429 billion in 2019, according to a ...

Infineon buys Cypress for USD 9 bln in cash

Published 03 Jun 2019 10:05 CET | World | Update: 03 Jun 2019 10:09 CET
Infineon Technologies has agreed to buy Cypress Semiconductor for USD 23.85 per share in cash, for a total enterprise value of ...

Infineon, Alibaba Cloud enter MoU on IoT

Published 02 Aug 2018 15:44 CET | China
Infineon Technologies and Alibaba Cloud Computing Company (Alibaba Cloud) entered into a memorandum of understanding (MoU) for ...

Infineon sells RF power business to Cree

Published 07 Mar 2018 11:29 CET | World
Infineon Technologies announced the sale of its radio frequency power business to US-based Cree for EUR 345 million. The ...

Infineon heads EUR 106 mln Industry 4.0 R&D project

Published 22 May 2017 11:53 CET | Europe
Infineon Technologies has announced that it's coordinating a project to digitise and network industrial processes involving more ...