Infineon digs deep to buy Cypress in $10 billion deal

Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company lower on concerns over the cost.

from Reuters: Technology News https://reut.rs/2QFrF9h