Infineon buys Wolfspeed Power for $850M cash; power semiconductors for electromobility

Green Car Congress
By mmillikinJul 15, 2016, 5:00 am101 pts
Infineon Technologies AG has entered into a definitive agreement to acquire the Wolfspeed Power and RF division of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned all-cash transaction is US$850 million (~€740 million). Infineon…

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