What happened to Cypress Semiconductor?
What happened to Cypress Semiconductor?
Infineon Technologies AG completes acquisition of Cypress Semiconductor Corporation. Munich, Germany, and San Jose, California – 16 April 2020 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announced today the Closing of the acquisition of Cypress Semiconductor Corporation.
Did Infineon buy Cypress Semiconductors?
On 3 June 2019, Infineon and Cypress announced that the companies had signed a definitive agreement under which Infineon would acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. The acquisition makes Infineon one of the world’s top 10 semiconductor manufacturers.
Does Infineon own Cypress?
Morra: Infineon closed its acquisition of Cypress in April 2020, just as travel restrictions and shutdowns due to COVID-19 changed how we all work.
What happened Cypress?
The deal was closed in July 2016. In June 2019, Infineon Technologies announced it would acquire Cypress for $9.4 billion. The deal closed in April 2020, making Infineon one of the world’s top 10 semiconductor manufacturers. Some of its main competitors include Microchip Technology, NXP, Renesas and Micron.
Who is the CEO of Cypress Semiconductor?
Hassane El-Khoury
Message from Hassane El-Khoury, President & CEO, Cypress Semiconductor.
What does Cypress Semiconductor do?
Cypress is the global supplier of choice for innovative companies in high-growth markets. Our commitment is to provide high quality, value-driven embedded solutions on time with world-class support.
Who are Infineon competitors?
Infineon Technologies competitors include Micron Technology, NXP Semiconductors, Texas Instruments, Analog Devices and Faraday Future.
When did Infineon acquire Rectifier?
January 2015
About Infineon In January 2015, Infineon acquired US-based International Rectifier Corporation, a leading provider of power management technology, with revenues of USD 1.1 billion (fiscal year 2014 ending June 29) and approximately 4,200 employees.
How much is Cypress Hill worth?
He has gone on to record eight more albums with Cypress Hill, as well as releasing a number of mixtapes, and a solo album in 2009….B Real Net Worth.
| Net Worth: | $7 Million |
|---|---|
| Date of Birth: | Jun 2, 1970 (51 years old) |
| Gender: | Male |
| Profession: | Rapper, Actor, Record producer, Presenter, Voice Actor |
Who founded Cypress Semiconductor?
T. J. Rodgers
Cypress Semiconductor/Founders
Enovix is — you guessed it — a battery developer. But the 73-year-old Rodgers, who founded San Jose’s Cypress Semiconductor Corp.
Is Cypress free to use?
It is free to use and is provided under the MIT licence. The Cypress Dashboard is a SaaS web app that pairs with our open source Test Runner, making it easy to scale your test runs and debug failed tests. Skipped tests, or anything else prevents a test from running will not be counted.
Does Intel own Infineon?
On 7 July 2009, Infineon Technologies AG agreed by contract with the U.S. investor Golden Gate Capital on the sale of its Wireline Communications for €250 million. It was acquired by Intel in 2015 for US$345 million.
When does Cypress Semiconductor report Q4 2019 results?
CLICK HERE FOR Q4 2019 FINANCIAL TABLES SAN JOSE, Calif., January 30, 2020 — Cypress Semiconductor Corporation (NASDAQ: CY) today announced its fourth quarter and fiscal year 2019 results with the following highlights:
What is the stock price of Cypress Semiconductor?
11 analysts have issued 12-month target prices for Cypress Semiconductor’s stock. Their forecasts range from $15.50 to $24.00. On average, they expect Cypress Semiconductor’s share price to reach $21.59 in the next twelve months.
Where is Cypress Semiconductor located in San Jose?
Cypress Semiconductor’s mailing address is 198 CHAMPION COURT, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-943-2600 or via email at [email protected].
What was the revenue for Cypress in 2019?
SAN JOSE, Calif., January 30, 2020 — Cypress Semiconductor Corporation (NASDAQ: CY) today announced its fourth quarter and fiscal year 2019 results with the following highlights: • Fiscal year revenue of $2.21 billion, down 6.1% year-over-year after adjusting for the divestiture of our NAND business, which was completed on April 1, 2019