Infineon buys American chip manufacturer for 2.2 billion euros




German chipmaker Infineon for an amount of $ 3 billion, converted 2.2 billion, his American compatriot sector International Rectifier acquired. The acquisition will be there with the American chipmaker jobs probably killed.

Infineon logo (2006) There were rumors this week about a possible acquisition of International Rectifier by Infineon. Thursday, it became clear that the rumors were true. The German chip giant, formed in 1999 as a spin-off from parent company Siemens, has announced to his American counterpart participate . Before that explains the company’s $ 3 billion, or 2.2 billion on the table.

Infineon, which produces, among other chips for the automotive industry, will take charge access to the energy-efficient chips of his American counterpart. The acquisition is cost savings for both companies, and Infineon is hoping that it can go use. Its production of 300mm wafers in Europe more

The acquisition is a considerable chance that at International Rectifier jobs are lost. Administrative costs would be at the American company are higher than at Infineon. The acquisition is expected to be fully completed next year.

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