In the 2019 fiscal year (ending 30 September), the Company reported sales of €8.0 billion with about 41,400 employees worldwide. Infineon Technologies acquired Cypress in June 2019 and has added its memory, microcontrollers, sensor, Bluetooth and WiFi technologies to its own offerings. Cypress and certain of its executive officers, directors, other members of management and employees, may under the rules of the SEC, be deemed to be “participants” in the solicitation of proxies from Cypress’ stockholders in connection with the proposed transaction. Infineon Technologies AG completes acquisition of Cypress Semiconductor Corporation April 16, 2020 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. To learn more, go to www.cypress.com. In addition, Cypress’ stockholders may obtain free copies of the documents Cypress files with the SEC through the Investors portion of Cypress’ website at investors.cypress.com under the link “Financials & Filings” and then under the link “SEC Filings” or by contacting Cypress’ Investor Relations Department by (a) mail at Cypress Semiconductor Corporation, Attention: Investor Relations, 198 Champion Ct., San Jose, CA 95134, (b) telephone at (408) 943-2600, or (c) e-mail at [email protected]. Analyst telephone conference and press telephone conference Infineon will host a telephone conference call including a webcast for analysts and investors (in English only) on 3 June 2019 at 8:15 am (CEST) in order to inform about the planned transaction. Risk Factors in Cypress’ Annual Report on Form 10-K for the fiscal year ended December 30, 2018 and Part II, Item 1A. In the 2018 fiscal year (ending 30 September), the Company reported sales of €7.6 billion with about 40,100 employees worldwide. Infineon CFO Sven … Its product range is a perfect match. The funding of the acquisition is fully underwritten by a consortium of banks. Cypress Semiconductor, An Infineon Technologies Company / U.S.A. Cypress is now Infineon. He led Cypress Semiconductor’s purchase by Infineon Semiconductor in a $9bn deal. Reinhard Ploss, CEO of Infineon, said: “The planned acquisition of Cypress is a landmark step in Infineon’s strategic development. Based on pro forma revenues of €10 billion in FY 2018, the transaction will make Infineon the number eight chip manufacturer in the world. This includes Cypress’s previously announced quarterly cash dividend of US$0.11 per share, payable on July 18, 2019 to holders of record of Cypress’s common stock at the close of business on June 27, 2019. This announcement does not constitute shareholder voting or proxy information, a proxy, an offer to purchase, or prospectus, in whole or in part, and any decision with respect to the manner in which to vote on any corporate or shareholder action or sell or purchase any securities should not be made on the basis of the information contained in this announcement, and should be made solely on the basis of the information to be contained in the relevant document  and on an independent analysis of the information contained therein. On Semi currently sales of $5.5bn and an increasingly similar range of power and wireless products. Both conferences will also be available live and for download on Infineon’s website at www.infineon.com. This announcement is not only a testament to the strength of our team in delivering industry-leading solutions worldwide, but also to what can be realized from uniting our two great companies. Each of Infineon Technologies AG, the relevant Infineon Technologies Group entities, Financial Advisors and their respective affiliates, agents, directors, officers, employees and advisers, expressly disclaims any obligation or undertaking to update any forward-looking statements contained herein. Fabricaba memorias flash NOR , microcontroladores Traveo F-RAM y SRAM, las únicas soluciones PSoC system-on-chip programables, ICs para gestión de potencia (PMIC), CapSense controladores capacitivos sensibles al tacto, soluciones de Baja Energía Bluetooth (BLE) y de … Munich, Germany, and San Jose, California - 3 and 2 June 2019 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cypress Semiconductor Corporation (NASDAQ: CY) today announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. We will offer the industry’s most comprehensive portfolio for linking the real with the digital world – comprising an unparalleled range of hardware, software and security solutions for the connected age. This announcement includes “'forward-looking statements.” These statements contain the words “anticipate,” “believe,” “intend,” “estimate,” “expect”, “expected” “”target”, “aims”, “will“ and words of similar meaning. Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announced today the Closing of the acquisition of Cypress Semiconductor Corporation. You are urged to consider these factors carefully in evaluating the forward-looking statements in this announcement and not to place undue reliance on such statements. All three banks acted as structuring banks in addition to providing committed financing for the transaction, Bank of America Merrill Lynch in the lead. 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 distributor is also franchised to supply products from Infineon’s subsidiary, Cypress Semiconductor worldwide. It offered NOR flash memories, F-RAM and SRAM Traveo microcontrollers, the industry's only PSoC programmable system-on-chip solutions, analog and PMIC Power Management ICs, CapSense capacitive touch-sensing controllers, Wireless BLE Bluetooth Low-Energy and USB connectivity solutions. The Financial Advisors are acting exclusively for Infineon Technologies AG and for no-one else in connection with or in respect of the transactions referred to in this announcement and will not regard any other person (whether or not a recipient of this presentation) as a client in relation to these transactions and will not be responsible to any other person for providing the protections afforded to their respective clients, or for advising any such person on the contents of this announcement or in connection with any transaction referred to in this announcement. The deal closed in Apr… Cypress is the leader in advanced embedded solutions for the world’s most innovative automotive, industrial, smart home appliances, consumer electronics and medical products. Following Infineon Technologies’ acquisition of Cypress Semiconductor, distributor Rutronik will now offer the memories, microcontrollers and other products in the Cypress portfolio. Together, we will continue our shared commitments to innovation and focused R&D investments to accelerate technology advancements.” Hassane El-Khoury, President and CEO of Cypress, said: “The Cypress team is excited to join forces with Infineon to capitalize on the multi-billion dollar opportunities from the massive rise in connectivity and computing requirements of the next technology waves. | Business & Financial Press, Munich, Germany, and San Jose, California – 3 and 2 June 2019 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cypress Semiconductor Corporation (NASDAQ: CY) today announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. It can be followed over the Internet in both English and German. Information regarding the persons who may be considered “participants” in the solicitation of proxies will be set forth in Cypress’ preliminary and definitive proxy statements when filed with the SEC and other relevant documents to be filed with the SEC in connection with the proposed transaction, each of which can be obtained free of charge from the sources indicated above when they become available. La firma alemana de semiconductores Infineon ha pactado la compra de la estadounidenses Cypress Semiconductor en una operación de 9.000 millones de … The capital intensity will decrease, resulting in an increasing free cash flow margin. In addition to its already leading position in power semiconductors and security controllers, Infineon will now also become the number one supplier of chips to the automotive market. Cypress is committed to providing customers with the best support and development resources on the planet enabling them to disrupt markets by creating new product categories in record time. German chip maker Infineon Technologies AG agreed to national security concessions to resolve U.S. concerns about its takeover of Cypress Semiconductor Corp., according to … Cypress' stock, which previously traded in the mid-teens, surged toward Infineon's offer of $23.85 per share. Kirkland & Ellis LLP and Freshfields Bruckhaus Deringer LLP are acting as legal advisors to Infineon. As Board members, we are grateful for Cypress’s outstanding management team, led by Hassane El-Khoury.” More robust positioning in high-growth markets With the addition of Cypress, Infineon will consequently strengthen its focus on structural growth drivers and serve a broader range of applications. Infineon Technologies has announced the closing of the acquisition of Cypress Semiconductor, which it said will strengthen its focus on structural … On Semiconductor has appointed Hassane El-Khoury as chief executive to replace retiring boss Keith Jackson. The investment-to-sales ratio is targeted to decrease to 13 percent. Combining these technology assets will enable comprehensive advanced solutions for high-growth applications such as electric drives, battery-powered devices and power supplies. Cypress has a differentiated portfolio of microcontrollers as well as software and connectivity components that are highly complementary to Infineon’s leading power semiconductors, sensors and security solutions. Infineon Technologies AG anuncia el cierre de la adquisición de Cypress Semiconductor Corporation, compañía con sede en San José que ha pasado a formar parte del fabricante de chips. Cypress Semiconductor Corporation An Infineon Technologies Company 6 Arie Regev Street 42504 Netanya Israel Product Design. At the same time, Infineon aims to achieve significant economies of scale, making Infineon's business model even more resilient. Morgan Stanley is acting as exclusive financial advisor to Cypress, and Simpson Thacher & Bartlett LLP is serving as legal counsel. The contents of this announcement have not been verified by any of the Financial Advisors or any of their affiliates. This corresponds to a fully diluted enterprise value for Cypress of €9.0 billion. Customer Service Support +1-800-541-4736 Hours: 8:00AM - 5:00PM (local time) Create a MyCase Cypress Developer Community. This announcement is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. This communication does not constitute an offer to sell or the solicitation of an offer to buy Cypress’ securities or the solicitation of any vote or approval. Acquisition of Cypress Semiconductor, 3 June 2019 Start: 8:15 am CEST / 7:15 am UK / 2:15 am EDT, 苏ICP备15016286号-1 | 苏公网安备 32021402001016号 | 营业执照, Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Dr. Reinhard Ploss, CEO Infineon Technologies AG, Hassane El-Khoury, President and CEO of Cypress, Steve Albrecht, Chairman of the Board of Directors of Cypress, Acquisition of Cypress Semiconductor, 3 June 2019, Home The closing is expected by the end of calendar year 2019 or early 2020. Credit Suisse and J.P. Morgan acted as lead financial advisors to Infineon. With the addition of Cypress’s strong R&D and geographical presence in the U.S, Infineon not only strengthens its capabilities for its major customers in North America, but also in other important geographical regions. 苏ICP备15016286号-1 | 苏公网安备 32021402001016号 | 营业执照, Home Any failure to comply with these restrictions may constitute a violation of the laws of other jurisdictions. Infineon Technologies AG announced and issued the following press release that Infineon implemented the acquisition of CYPRESS Semiconductor on Apr-16-2020. Infineon shares slid 6.5% Monday as investors reacted to the deal. Cypress Semiconductor Corp. 198 Champion Court San Jose, CA 95134 USA Tel: +1-408-943-2600. Cypress Semiconductor Corporation is an American semiconductor design and manufacturing company. Forward-looking information involves risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in, or reasonably inferred from, such statements. The financial policy to preserve a strategic cash reserve remains in place. These restrictions may constitute a violation of the agreement, Infineon Technologies announced it would acquire Cypress for 9.4... Exclusive financial advisor expected to close within the next five business days Service +1-800-541-4736! 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