CiA (CAN in Automation) member Infineon is acquiring CiA member Cypress. No details on merging the CAN micro-controller families are available.
The acquisition and merger in the semiconductor industries goes on. Infineon and Cypress Semiconductor Corporation announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress. Both companies supply the automotive industry and industrial users with CAN micro-controllers. Some of the Cypress products have been developed originally by Fujitsu Semiconductors respectively Spansion.
With the addition of Cypress, Infineon hopes to accelerate the company’s path of profitable growth of recent years. Cypress has a differentiated portfolio of micro-controllers as well as software and connectivity components that are complementary to Infineon’s power semiconductors, sensors, and security solutions.
Combining these technology assets should enable advanced solutions for high-growth applications such as electric drives, battery-powered devices and power supplies.
In automotive semiconductors, the expanded portfolio of micro-controllers and NOR flash memories will offer potential, especially in light of their growing importance for advanced driver assistance systems and new electronic architectures in vehicles. Both companies are involved in the CAN FD and CAN XL development.
With the addition of Cypress’s research and development resources as well as the geographical presence in the United States, Infineon not only strengthens its capabilities for its major customers in North America, but also in other important geographical regions. The company adds to its R&D presence in Silicon Valley and gains presence, as well as market share, in the strategically important Japanese market. At the same time, Infineon aims to achieve significant economies of scale, making Infineon's business model even more resilient, stated Infineon’s CEO.
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