Infineon Cypress

The transaction. The acquisition was announced in June 2019 - Infineon to Acquire Cypress Semiconductor for €9. Infineon is to buy Cypress in a transaction which should create a company with over $10 billion in revenue and take the No. The integration of Cypress is a major step for Infineon and a unique opportunity for our customers. The acquisition is expected to give the German firm a stronger position in the infotainment and advanced driver assistance systems (ADAS) markets. 85 per share to shareholders of. rival Cypress Semiconductor for around 9 billion euros (10. “Cypress’ world-class compete and compute solutions continue to gain strong momentum, including in IoT where Cypress’ revenue was up 30% sequentially in Q2, driven by strength in Wi-Fi/Bluetooth combos as well as standalone Bluetooth,” El-Khoury said. Infineon Technologies on Monday announced an agreement to buy Cypress Semiconductor in a deal worth about $10 billion. The acquisition would complement the Munich-based company's product portfolio, especially in the areas of connectivity and compute platforms. Infineon Technologies is set to buy US-based chip maker Cypress Semiconductor (CY) for $10 billion. You will benefit from the industry’s most comprehensive portfolio for linking the real with the digital world. 85 per share cash payout to Cypress. 5 billion in additional long-term. Infineon derives a third of its sales from China, according to data compiled by Bloomberg. Infineon-Aktie klettert kräftig: Infineon schließt Cypress-Kauf ab: 16. ET on Seeking Alpha Kepler Capital Downgrades Infineon (IFNNY) to Hold. Germany's Infineon Technologies has agreed to buy US rival Cypress Semiconductor for almost €9bn (£7. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. With a unique team Men and women from more than 90 countries make Infineon a successful international company – with their skills, their enthusiasm and the courage to challenge the status quo and open up new horizons. The San Jose-based company has become part of Infineon effective as of the Closing. The acquisition enables Infineon to offer the industry's most comprehensive portfolio for connecting the real and digital worlds. 0 billion (about. The integration of Cypress is a major step for Infineon and a unique opportunity for our customers. was approved by the Committee on Foreign Investment in the United States, a small step forward for deals in an. Infineon derives a third of its sales from China, according to data compiled by Bloomberg. Infineon Technologies and Cypress Semiconductor must have breathed a big sigh of relief on Monday evening, as they both issued statements saying the Committee on Foreign Investment in the United States (CFIUS) had cleared the planned acquisition of Cypress by Infineon. review of. With Cypress' strengths in automotive and IoT solidified, Infineon is expecting a major boost to its revenue in the coming years. Investment property in Cypress, TX. Infineon acquires Cypress Semiconductor Infineon Technologies and Cypress Semiconductor have signed a definitive agreement under which Infineon will acquire Cypress for US$23. Infineon did not immediately respond to requests for comment. Infineon Technologies(インフィニオン テクノロジー)とCypress Semiconductor(サイプレス セミコンダクタ)は2019年6月3日(ドイツ時間)、InfineonがCypress. Infineon will pay $23. Infineon to acquire Cypress in a €9. chipmaker at 9 billion euros ($10. 9 percent share of the global market. This will accelerate the company’s path of profitable growth. Logout Support | 877-792-3866. Cypress Semiconductor is best known for designing and manufacturing flash memory chips and micro controllers that are used to power small electronic devices. (Bloomberg) -- Infineon Technologies AG's $8. 4 billion) deal. Both conferences will also be available live and for download on Infineon’s website at www. Munich-based Infineon said on Monday that it would pay $23. Munich-based Infineon, announcing the deal last June, said it would create an automotive leader with a 13% market share by combining its prowess in managing electric drivetrains with Cypress's edge in in-car entertainment. Overall, Infineon expects the Cypress integration to contribute Euro 0. Reinhard Ploss, CEO of Infineon, said: "The planned acquisition of Cypress is a landmark step in Infineon's strategic development. In fiscal year 2019, the company achieved sales of €8. "Together, we offer our customers the industry's most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. Infineon will pay $23. 11 per share payable to ho Cypress Announces Quarterly Cash Dividend and Schedules Stockholder Vote on Merger With Infineon | Placera. Infineon Technologiesは2019年6月3日(ドイツ時間)、Cypress Semiconductorを買収することで、Cypressと合意したと発表した。 買収額は約90億ユーロ(約1兆1000. Cypress Semiconductor is now part of Infineon. 85 in cash for all outstanding shares of Cypress, which represents a 46% premium to Cypress’ recent average price. Buy CY8C4025AZI-S413T CYPRESS , Learn more about CY8C4025AZI-S413T IC MCU 32BIT 32KB FLASH 48TQFP, View the manufacturer, and stock, and datasheet pdf for the CY8C4025AZI-S413T at Jotrin Electronics. Infineon will be paying CY investors $23. national security officials have recommended that President Donald Trump block German chipmaker Infineon Technologies AG's proposed $10 billion deal to buy Cypress Semiconductor Corp as it. trading on Thursday's news. Infineon to Acquire Cypress, Strengthening and Accelerating its Path of Profitable Growth NewswireToday - /newswire/ - San Jose, CA, United States, 2019/06/03 - Infineon Technologies and Cypress Semiconductor Corporation announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23. Infineon will acquire Cypress Semiconductors for nearly $10 Billion dollars. national security review. Infineon bestätigt mit Cypress-Übernahme verbundenen Finanzziele: FRANKFURT (Dow Jones)--Gut zehn Monate nach der Ankündigung hat Infineon die. Infineon has announced the acquisition of Cypress Semiconductors in order to push further into the automotive, industrial, and Internet of Things (IoT) hardware markets. The German. "The acquisition of Cypress is a landmark step in Infineon's strategic development," said Infineon CEO Reinhard Ploss. This is the latest merger or acquisition in the semiconductor industry, and these mergers and acquisitions show no sign. 85 per share) and the acquisition was announced complete on April 17, 2020, ending the independent history of Cypress Semiconductors. was approved by the Committee on Foreign Investment in the United States, a small step forward for deals in an industry where regulatory and security concerns have stalled consolidation. Erfahren Sie mehr über die Kontakte von Dirk Geiger und über Jobs bei ähnlichen Unternehmen. The Cypress deal would lift Infineon into the top 10 of global chipmakers based on sales. The Cypress businesses will be integrated into Infineon's respective segments. You will benefit from the industry’s most comprehensive portfolio for linking the real with the digital world. Since the semiconductor was invented, we have helped shape the future – every single day. for more than $10 billion. SAN JOSE, Calif. "The planned acquisition of Cypress is a landmark step in Infineon's strategic development," says Infineon CEO Reinhard Ploss (pictured), "we will strengthen and accelerate our profitable growth and. With effect as of the Closing, Cypress Semiconductor Corporation has become part of Infineon. Now a patent licensing firm. Investment property in Cypress, TX. Infineon agreed as part of the deal to pay Cypress $23. Cypress offers a broad automotive product portfolio that includes AEC-Q100 qualified microcontrollers, flash memories, PMICs, and Human Machine Interface devices. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. underscores what increasingly looks like the end of an era for high-flying U. 85 per Cypress share, equivalent to a total enterprise value of €9. Infineon Technologies announced on Tuesday that it has received final regulatory approval for the acquisition of US Cypress Semiconductor and that funding is available to close the deal. But is this just market rumor? Last month during the company's analyst call, Infineon CEO Reinhard Ploss intimated that. 85 per share in cash ($10 billion enterprise value. Few of the major competitors currently working in the global microcontroller market are Cypress Semiconductor Corporation, Infineon Technologies AG,. Le fabricant allemand de puces Infineon Technologies franchit le dernier obstacle au rachat de l’américain Cypress Semiconductor en obtenant le feu vert de la Chine - Electronique. Cypress also makes conductors for the automotive industry, but also offers products for consumer. 85 per share) and the acquisition was announced complete on April 17, 2020, ending the independent history of Cypress Semiconductors. Infineon is a german semiconductor manufacturer (biggest chip-supplier for the automotive industry). 20: Erste Schätzungen: Infineon veröffentlicht Zahlen. You will benefit from the industry’s most comprehensive portfolio for linking the real with the digital world. 85 per share in cash ($10 billion enterprise value. 4 billion) deal. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. A warm welcome to our new colleagues!. The acquisition enables Infineon to offer the industry's most comprehensive portfolio for connecting the real and digital worlds. Buy CY8C4025AZI-S413T CYPRESS , Learn more about CY8C4025AZI-S413T IC MCU 32BIT 32KB FLASH 48TQFP, View the manufacturer, and stock, and datasheet pdf for the CY8C4025AZI-S413T at Jotrin Electronics. Cypress Semiconductor is now part of Infineon. Related articles:. Shares in Infineon Technologies AG (IFX. Infineon Technologies(インフィニオン テクノロジー)とCypress Semiconductor(サイプレス セミコンダクタ)は2019年6月3日(ドイツ時間)、InfineonがCypress. 7 billion acquisition of Cypress Semiconductor Corp. Infineon will pay $23. 85 per Cypress share, equivalent to a total enterprise value of €9. Infineon-Aktie klettert kräftig: Infineon schließt Cypress-Kauf ab: 16. Infineon is paying $23. Infineon has about 41,000 employees. CY for an enterprise value of 9 billion euros ($10. 1 Automotive (ATV) 1. Related articles:. Its customers include. (RTTNews) - Infineon Technologies AG (IFNNY) said that it agreed to buy Cypress Semiconductors Corp. With the acquisition, Infineon will be able to offer the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization. 8 billion during the remainder of the 2020 fiscal year, as a result of which Infineon's total revenue including Cypress would be around €8. German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U. Infineon Technologies AG: Auswirkungen der Coronavirus-Pandemie trüben Aussichten für das weitere Geschäftsjahr 2020, erfolgreicher Erwerb von Cypress stärkt das Geschäftsmodell mittel- und. Infineon had announced its planned acquisition of Cypress for €9 billion last June, which it said would catapult it to the top position for supply of semiconductors to automotive OEMs, as well as deepen its offerings in connectivity and digital markets. for more than $10 billion. The German chip maker announced the takeover of $ 10 billion last June, but the deal took longer than expected to reach the finish line as it underwent an. Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U. Cypress Semiconductor shares jumped on Tuesday after the announcement that the Committee on Foreign Investment in the United States has completed its review of the Infineon Technologies merger. 7 billion acquisition of Cypress Semiconductor Corp. With the acquisition, Infineon will be able to offer the industry's most comprehensive portfolio for linking the real with the digital world and shaping digitalization. Munich-based Infineon, announcing the deal last June, said it would create an automotive leader with a 13% market share by combining its prowess in managing electric drivetrains with Cypress’s edge in in-car entertainment. If German chipmaker Infineon gets the sign-off from shareholders and regulators, the second-quarter 2019 report will be the last for Cypress Semiconductor (). 85 per share in cash, corresponding to an enterprise value of €9. 9 billion deal to acquire the company. (RTTNews) - Infineon Technologies AG (IFNNY) said that it agreed to buy Cypress Semiconductors Corp. Market Cap (USD) 21. 1 billion U. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. Infineon did not immediately respond to requests for comment. Infineon announces it will be acquiring Cypress in a $10 billion deal that values Cypress at $23. Bereits im vergangenen Sommer hatte Infineon die Cypress-Übernahme angekündigt. Infineon Technologies(インフィニオン テクノロジー)とCypress Semiconductor(サイプレス セミコンダクタ)は2019年6月3日(ドイツ時間)、InfineonがCypress. The San José-based company has become part of Infineon effective as of the closing. Infineon has about 41,000 employees. But on June 3 Infineon acquired another chip maker Cypress Semiconductor (CY) for $10. Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth. If you have questions about Cypress Parc Apartment Homes, or if you'd like to schedule a tour, fill out the form below or give us a call. The Cypress Semiconductor news was originally announced back in June 2019. Successful acquisition of Cypress reinforces business model in medium and long term. Cypress Semiconductor Corp. You will benefit from the industry’s most comprehensive portfolio for linking the real with the digital world. , limited xilinx, altera, analog, ti / bb, moto / freescale, samsung, micron. Infineon details perspectives for Aurix family, Cypress takeover February 26, 2020 // By Christoph Hammerschmidt The component has now received certification for the highest functional safety requirements. was approved by the Committee on Foreign Investment in the United States, a small step forward for deals in an. With the acquisition, Infineon will be able to offer the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization. This follows an announcement by German Company Infineon, that it will be buying CY at $10. 7 billion acquisition of Cypress Semiconductor Corp. Cypress Semiconductor is one of the most bullish stocks at the moment. Overall, Infineon expects the Cypress integration to contribute Euro 0. Related articles:. NEUBIBERG (dpa-AFX) - Die Auswirkungen der Corona-Krise treffen auch den Chiphersteller Infineon. In 2019 under CEO Hassane El-Khouri the company agreed to the offer of Infineon Technologies valued about $9 billions (that represents the all-cash buyout price of $23. Discover smart, unique perspectives on Infineon and the topics that matter most to you like infineon technologies, igbt, blockchain, igbt module, and motion. Cypress is deeply embedded in industrial applications with a wide array of controllers, memories and analog devices serving this diverse market. national security regulators. “Together, we offer our customers the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. Discounted Fare. 85 per share in cash ($10 billion enterprise value. Infineon should pay $425 million, in other situations, if the deal falls apart. The acquisition is subject to approval by Cypress shareholders and regulatory bodies. 68 LCSC electronic components online Embedded Processors & Controllers CYPRESS leaded datasheet+inventory and pricing. Join LinkedIn today for free. Infineon Technologies AG’s $8. Infineon will acquire Cypress Semiconductors for nearly $10 Billion dollars. Product successfully added to your shopping cart Quantity. 20: Infineon-Aktie macht Boden gut - Gute Zahlen von TSMC: 20. The dividend will not be paid if the closing of the acquisition of Cypress by Infineon Technologies AG ("Infineon") under the previously announced Agreement and Plan of Merger, dated June 3. Germany-based Infineon is buying US chipmaker Cypress Semiconductor for 9 billion euros (or $10. Averigua a quién conoces en Infineon Technologies, obtén el máximo beneficio de tu red y consigue que te contraten. Mit dem komplettierten Portfolio wird Infineon die Nummer 3 im MCU-Bereich. We announced that Cypress will join with Infineon Technologies AG, uniting two premier semiconductor companies to create a strong technology leader that will deliver best-in-class power, MCU, specialty memory and secure connectivity solutions across numerous growth segments. 85 for each outstanding share of Cypress in the deal, which is expected to close late this year or early in 2020. 'Together, we offer our customers the industry's most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. Infineon, qui a annoncé fin mars la deuxième révision à la baisse de sa prévision de chiffre d'affaires en deux mois, a souligné que le rachat de Cypress se traduirait par des synergies de. The proposed $10 billion acquisition of San Jose's Cypress Semiconductor Corp. 7 Toshiba ST-Micro Infineon Infineon Atmel Infineon Atmel Cypress. , a Silicon Valley-based semiconductor design and manufacturing company. +359 2 43 74032; [email protected] German chipmaker Infineon Technologies is buying American counterpart Cypress Semiconductor in a deal that’s reportedly worth $10 billion. Munich-based Infineon, announcing the deal last June, said it would create an automotive leader with a 13% market share by combining its prowess in managing electric drivetrains with Cypress's. Infineon Technologies AG ("Infineon" or the "Notifying Party", Germany) intends to acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of Cypress Semiconductor Corporation ("Cypress", USA) (the "Transaction"). Infineon is ready to pay $23. After spending years transforming. trade war may test Fed's 'patience' After-Hours Movers 06/03: (APPS) (COUP) Higher. He studied process engineering at the Technical University of Munich and received his doctorate in 1990. Infineon: Cypress-Übernahme abgeschlossen: 16. Infineon Technologies this morning announced that it had signed a definitive agreement to acquire Cypress Semiconductor for $10. The transaction. Munich-based Infineon, which in June agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, confirmed the deal was on track to close either toward the end of this calendar year. "The acquisition of Cypress is a landmark step in Infineon's strategic development," said Infineon CEO Reinhard Ploss. 2 billion in revenue and a 9. 8 billion during the remainder of the 2020 fiscal year, as a result of which Infineon's total revenue including Cypress would be around €8. 5 Infineon Samsung Microchip Atmel ST-Micro NXP Infineon TI. The integration of Cypress is a major step for Infineon and a unique opportunity for our customers. In June, Infineon and Cypress Semiconductor announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for USD 23. Shares in Infineon Technologies rallied hard in early Tuesday trading after a U. Der Abschluss der Transaktion sei bis spätestens unmittelbar nach Ostern unter Dach und Fach, hieß es. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. Sat: 10:00 AM-2:00 PM. Infineon Technologies (IFNNY) and Cypress Semiconductor Corporation (CY) announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for $23. (NASDAQ: CY) in a deal that put an enterprise value of €9. 4 billion deal with Infineon Technology’s (OTC: IFNNY). Infineon has completed its previously announced acquisition of Cypress Semiconductor Corporation. Smart solar applications, power efficiency solutions or anti-hacker security systems – they are all essential parts of a smart home! Watch this video and. INFINEON Technologies AG agreed to buy Cypress Semiconductor Corp in a deal that values the US target at about US$10 billion, the latest mega-deal for an industry grappling with slowing growth. Cypress Semiconductor Corp (CY) is up roughly 25% this morning after news was released of a $9. The Cypress Semiconductor transaction is the biggest in Infineon's history. Infineon Technologies AG agreed to buy Cypress Semiconductor Corp. was approved by the Committee on. “Together, we offer our customers the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. In 2016, the German company announced plans to buy North Carolina semiconductor maker Cree's Wolfspeed segment for $850 million. Cypress Mountain offers Cypress Bucks (Gift Cards. The company is a leader in the automotive and industrial chip markets and. hong kong red top boat development co. Cypress Semiconductor Corp. In early June 2019, Infineon and Cypress signed an agreement under which Infineon will acquire Cypress. maker of microchips used in cars and electronic devices at 9 billion euros ($10. Why Intel Is Buying Infineon Official word is out that Intel is about to fork over $1. Reinhard Ploss, CEO of Infineon, said: The planned acquisition of Cypress is a landmark step in Infineons strategic development. approval for the deal, Infineon Technologies today announced it has now received all necessary regulatory approvals for its acquisition of Cypress Semiconductor Corporation, and expects to close the transaction within five business days. In early June 2019, Infineon and Cypress signed an agreement under which Infineon will acquire Cypress. Now a patent licensing firm. In a June 2 press release, Infineon stated it intended to acquire Cypress to increase its offerings in the Internet of Things (IoT) and automotive sectors. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. “The acquisition of Cypress is a landmark step in Infineon's strategic development,” said Infineon CEO Reinhard Ploss. Cypress and Infineon will continue to operate as separate, independent companies. Infineon has announced the acquisition of Cypress Semiconductors in order to push further into the automotive, industrial, and Internet of Things (IoT) hardware markets. The addition of Cypress lets Infineon further strengthen its focus on structural growth drivers and on a broader range of applications. Overall, Infineon expects the Cypress integration to contribute Euro 0. If the acquisition goes through, that wouldn't be a terrible few-month-long return, not to mention one more $0. 1 Automotive (ATV) 1. 85 per share in cash, corresponding to an enterprise value of €9. Infineon’s reported plans to acquire Cypress may result in some arduous integration work, with the buyer focused on power chips and the target on Internet of Things and specialty memory. Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth PR Newswire MUNICH, Germany and SAN JOSE, Calif. 85 per share to shareholders of Cypress, a. 15, leaving it $8. Cypress Semiconductor and that funding was in place to complete the deal. Munich-based Infineon, which in June agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, confirmed the deal was on track to close either toward the end of this calendar year. Infineon's reported plans to acquire Cypress may result in some arduous integration work, with the buyer focused on power chips and the target on Internet of Things and specialty memory. 85 per share in cash for Cypress. The integration of Cypress is a major step for Infineon and a unique opportunity for our customers. Cypress shares plunged by 17% in U. Its product range is a perfect match. Free cash flow for the combined company will be strongly negatively impacted by the acquisition of Cypress and by the. Newest videos. The companies said the sale price represents a 46% premium to Cypress's share price over the past six weeks. Infineon Technologies AG, announced that all necessary regulatory approvals have been received for its acquisition of Cypress Semiconductor Corporation. Infineon Technologies is set to buy US-based chip maker Cypress Semiconductor (CY) for $10 billion. Cypress Semiconductor Corp. You will benefit from the industry’s most comprehensive portfolio for linking the real with the digital world. While Infineon is German, the company earns a third of its sales in China. Cypress said it would have to pay a $330 million break fee if Infineon is outbid. This follows an announcement by German Company Infineon, that it will be buying CY at $10. was approved by the Committee on. Infineon Technologies AG () agreed to buy Cypress Semiconductor Corp. 1 billion for Cypress Semiconductor, plunging into the chip M&A market in a bold bid to strengthen offerings and counter aggressive moves by competitors over the last several years. Das Committee on Foreign Investment in the United States (CIFUS) gab grünes Licht für das neun Milliarden Euro schwere Geschäft, wie Infineon und Cypress am Montag mitteilten. At that time, the. Infineon Technologies is set to buy US-based chip maker Cypress Semiconductor (CY) for $10 billion. But is this just market rumor? Last month during the company's analyst call, Infineon CEO Reinhard Ploss intimated that. 07 on Monday, nearing an eight-year high after it received a buyout offer from Germany-based chipmaker Infineon Technologies AG for $10. 85 a share marks a 46% premium to Cypress's average price over the past 30 days, the companies said in a statement confirming an earlier Bloomberg report. About-turn in the question of acquisition of Cypress Semiconductor by Infineon: On March 9, 2020, the Committee on Foreign Investment in the United States ("CFIUS") completed its review of the proposed acquisition of Cypress Semiconductor Corporation by Infineon Technologies AG. 英飛凌科技(Infineon)與賽普拉斯半導體(Cypress)今日公佈雙方已經簽署最終協定,英飛凌將會以每股23. national security review raised no concerns over its proposed $10 billion takeover of Cypress Semiconductor Corp. The semiconductor stocks in general are bearing the brunt of ongoing U. German semiconductor manufacturer Infineon has agreed to buy California-based peer Cypress Semiconductor for $23. Buy Trail Tickets. national security review. Überall auf Begeisterung gestossen waren die Übernahmepläne indes nicht. “The acquisition of Cypress is a landmark step in Infineon’s strategic development,” said Infineon CEO Reinhard Ploss. Reinhard Ploss, CEO of Infineon, said: "The planned acquisition of Cypress is a landmark step in Infineon's strategic development. 1%, regaining some ground lost on a report last week that the Committee on. Infineon Technologies has agreed to buy Cypress Semiconductor in a deal that values the chipmaker at $10 billion. Dazu soll den Cypress-Aktionären 23,85 Dollar je Anteil geboten werden, wie Infineon in Neubiberg mitteilte. com; Search More results. Manuel Baigorri r. From Financials and Greece 18 Jul 2019 08:00 GMT+0000 Financial software developer pursues M&A Profile, a software developer and vendor that covers fintech, banking and investment management, is identified in brokers research as a company likely to make a series of bolt-on acquisitions. Infineon will pay approximately. chipmaker at almost $10 billion, Bloomberg reported on Sunday. The San Jose-based company has become part of Infineon effective as of the Closing. NOTE: Fares are per ride and vary per location. Both conferences will also be available live and for download on Infineon’s website at www. Infineon will mit der Cypress-Übernahme in die Top Ten der Halbleiterhersteller weltweit aufsteigen. Valentin Stoia are 4 joburi enumerate în profilul său. 85 a share, in an €8. 8 position in the semiconductor world rankings. Infineon-Cypress Purchase Details. In June, Infineon and Cypress Semiconductor announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for USD 23. News Infineon Acquires Cypress Semiconductor Following a Security Review of the $10 Billion Deal March 10, 2020 by Hana Othman There were strong concerns regarding whether the merger between Infineon and Cypress Semiconductor would actually go through after an announcement that the transaction would be subjected to a U. German chip maker Infineon Technologies said it would acquire Cypress Semiconductor in a multi-billion dollar deal, the latest in a series of transactions that have been reshaping the industry. Bei Chips für die Autoindustrie sieht Konzernlenker Ploss Infineon durch den Zukauf sogar als. Infineon Technologies has disclosed that US regulators have given the go-ahead for its planned acquisition of Cypress Semiconductor. Cypress Semiconductor and that funding was in place to complete the deal. trading on Thursday's news. The San José-based company has become part of Infineon effective as of the Closing. Cypress, Infineon and Micron, as individual companies, are all extremely active in the Asia market with facilities in China, India, Japan, Singapore and the Philippines. 8 billion in revenues for the current fiscal year. Related articles:. Offenbar ist CFIUS nun zu einer anderen Einschätzung gekommen. Cypress acquired the. The acquisition would complement the Munich-based company's product portfolio, especially in the areas of connectivity and compute platforms. Infineon Technologies AG, announced that all necessary regulatory approvals have been received for its acquisition of Cypress Semiconductor Corporation. The accompanying proxy statement contains detailed information about Cypress, the special meeting, the merger agreement, the merger and the proposals being considered at the special meeting. Market Cap (USD) 21. 1 billion) including debt, sending shares in the German company sharply lower on concerns over the cost. Cypress adds a differentiated portfolio of microcontrollers, connectivity components, software ecosystems and high-performance memories. 4 billion deal with Infineon Technology's (IFNNY). Overall, Infineon expects the Cypress integration to contribute Euro 0. The addition of Cypress lets Infineon further strengthen its focus on structural growth drivers and on a broader range of applications. 9 billion deal to acquire the company. Separately, Cypress has announced it will hold a special meeting of stockholders on August 27, 2019 to approve the previously announced Agreement and Plan of Merger, dated June 3, 2019, which provides for Infineon Technologies AG to acquire Cypress for $23. Die für ausländische Investitionen zuständige. Jun 2, 2019 | Business & Financial Press. See the complete profile on LinkedIn and discover Janos’ connections and jobs at similar companies. (NASDAQ: CY) in a deal that put an enterprise value of €9. national security officials have recommended that President Donald Trump block German chipmaker Infineon Technologies AG's proposed $10 billion deal to buy Cypress Semiconductor Corp as it. 85 per share in cash, corresponding to an enterprise value of €9. CEO Reinhard Ploss had originally hoped to close the deal around the end of 2019. Mit dem komplettierten Portfolio wird Infineon die Nummer 3 im MCU-Bereich. 4 billion deal with Infineon Technology's (IFNNY). Infineon Arduino at Newark. IFX will be merged into Cypress and the separate corporate existence of IFX will cease. Cypress and Infineon will continue to operate as separate, independent companies. The deal, expected to close at the end of 2019 or in early 2020, will create the No. "The acquisition of Cypress is a landmark step in Infineon's strategic development," said Infineon CEO Reinhard Ploss. chipmaker at 9 billion euros (US$10. There are many good reasons to work for Infineon: We offer cutting edge career opportunities and professional development ladders, while promoting work-life balance. Cypress adds a differentiated portfolio of microcontrollers, connectivity components, software ecosystems and high-performance memories. FRANKFURT (Reuters) - Germany’s Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe’s largest chip-maker to expand further in. Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U. Shares of Infineon Technologies AG were gaining around 7 percent in the morning trading in Germany after the semiconductor maker obtained antitrust clearance from China's State Administration for Market Regulation for its merger transaction with US-based Cypress Semiconductor Corp. It requires a minimum of 10 to 12 inches of water annually. Cypress PSoC ARM chips have some pretty cool features. Erfahren Sie mehr über die Kontakte von Elisa Gallo und über Jobs bei ähnlichen Unternehmen. MADRID (AP) — German chipmaker Infineon is buying U. Erfahren Sie mehr darüber, wie es ist, bei Infineon Technologies zu arbeiten. 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. 545 billion euros ($1. Sehen Sie sich das Profil von Dirk Geiger auf LinkedIn an, dem weltweit größten beruflichen Netzwerk. Shares of both companies surged. Their focus and commitment to this market is solidified with the addition of Renesas to the specification co-development. Cypress Semiconductor Takes One Last Bow on the Earnings Stage Sales and earnings are trending way lower as the chip designer inches closer to completing a merger with Infineon. The Cypress businesses will be integrated into Infineon's respective segments. FRANKFURT (Reuters) - Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in. 7 billion in cash, the latest mega-deal for an industry grappling with slowing growth. Infineon is to buy Cypress in a transaction which should create a company with over $10 billion in revenue and take the No. 85 per share in cash, corresponding to an enterprise value of €9 billion. Logout Support | 877-792-3866. eeNews Europe discussed future prospects of this product family with Infineon's CEO of Automotive, Peter Schaefer. Infineon Technologies(インフィニオン テクノロジー)とCypress Semiconductor(サイプレス セミコンダクタ)は2019年6月3日(ドイツ時間)、InfineonがCypress. Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U. "Together, we offer our customers the industry's most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. Market Cap (USD) 21. AND KK-100 CONVERGED Datasheet(PDF) - Micro Electronics - MLM-190 Datasheet, Visible LED Conventional Brightness-GaP, GaAsP and AlGaAs, Micro Electronics - MMC4019 Datasheet, Micro Electronics - 2N5368 Datasheet. The White House’s National Security Council and Cypress declined to comment. Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U. for more than $10 billion. Cypress - an Infineon Technologies Company - is a leader in advanced embedded system solutions for the world’s most innovative automotive, industrial, home automation and appliances, consumer electronics and medical products. 7 billion in cash, the latest mega-deal for an industry grappling with slowing growth. We will strengthen and accelerate our profitable growth and put our business on a broader basis. Infineon setzt unter anderem grosse Hoffnungen auf die "Connectivity"-Komponenten von Cypress - elektronische Bauteile für vernetzte Geräte und Maschinen, die untereinander kommunizieren. Infineon closes in on Cypress August 01, 2019 // By Christoph Hammerschmidt Despite challenging macroeconomic conditions and recession in the automotive market, chip maker Infineon Technologies met its sales targets in the third quarter as it plans the acquisition of Cypress Semiconductor. CEO Reinhard Ploss had originally hoped to close the deal around the end of 2019. The dividend will not be paid if the closing of the acquisition of Cypress by Infineon Technologies AG ("Infineon") under the previously announced Agreement and Plan of Merger, dated June 3, 2019, occurs prior to the close of business on December 26, 2019 such that Cypress is a wholly-owned subsidiary of Infineon at that time. The acquisition is subject to regulatory approvals and customary closing conditions. Infineon to Acquire Cypress Semiconductor (CY) for $23. Infineon has announced that it is acquiring Cypress for $10. Cypress Mountain offers Cypress Bucks (Gift Cards. The Cypress businesses will be integrated into Infineon's respective segments. Infineon and Cypress are active in the manufacture and supply of semiconductors. Cypress is the leader in advanced embedded solutions for the world’s most innovative automotive, industrial, smart home appliances, consumer electronics and medical products. Infineon Technologies AG’s $8. 独Infineon Technologiesは6月2日(現地時間)、米Cypress Semiconductorを90億ユーロで買収することを発表した。買収完了は2019年末もしくは2020年初頭を予定し. 1 billion) including debt, sending shares in the German company sharply lower on concerns over the cost. Cypress shares jumped 27% to $22. Infineon noted 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”. “Together, we offer our customers the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. national security officials have recommended that President Donald Trump block German chipmaker Infineon Technologies AG's proposed $10 billion deal to buy Cypress Semiconductor Corp as it. The acquisition was announced in June 2019 - Infineon to Acquire Cypress Semiconductor for €9. 8 billion in revenues for the current fiscal year. trading on Thursday's news. Infineon agreed as part of the deal to pay Cypress $23. Infineon’s planned $10-billion acquisition of Cypress Semiconductor will produce the world’s largest automotive chip supplier, surpassing current market leader NXP and giving the German firm a stronger position in the critical markets for infotainment and advanced driver assist systems (ADAS), according to IHS Markit. NOTE: Fares are per ride and vary per location. The Cypress deal would catapult Infineon into the top 10 of global chipmakers based on sales. 39% at $17 in morning trading on Friday after ending the day Thursday down 17. The same applies to the software ecosystem resulting from the surplus of Infineon and Cypress products. Infineon Technologies AG announced today the Closing of the acquisition of Cypress Semiconductor Corporation. 85美元現金收購賽普拉斯,總企業價值為90億歐元。. Infineon Technologies and Cypress Semiconductor announced that Infineon will acquire Cypress for US$23. Cypress fokussiert sich dabei etwa auf Klimatisierung und Infotainment, während es bei Infineon eher um fahrzeugnahe Anwendungen wie Assistenzsysteme geht. 2% over the forecast period 2020. 8 billion during the remainder of the 2020 fiscal year, as a result of which Infineon's total revenue including Cypress would be around €8. 7 billion acquisition of Cypress Semiconductor Corp. The Cypress businesses will be integrated into Infineon's respective segments. 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. FRANKFURT (Reuters) - Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in. 604-926-5612 Apply Now! The Perfect Gift. You will benefit from the industry’s most comprehensive portfolio for linking the real with the digital world. Cypress Semiconductor is now part of Infineon. [24] [25] The acquisition closed on April 17, 2020. Overall, Infineon expects the Cypress integration to contribute Euro 0. 85 per share in cash, corresponding to an enterprise value of approximately $10 billion. Since Cypress is a US company and Infineon is not it will be interesting to see how this impacts any US companies that use Cypress products in their development. Last June, German semiconductor maker Infineon Technologies agreed to purchase U. com/article/us-cypress-semicond-m-a-infineon-fees/infineons-cypress-deal-may-land-advisers-95-million-fee-bonanza-idUSKCN1T42FC. METRO Park & Ride Locations and Fares. 85 per share cash payout to Cypress. Der Abschluss der Transaktion sei bis spätestens unmittelbar nach Ostern unter Dach und Fach, hieß es. for more than $10 billion. Infineon Technologies AG's $8. Germany-based Infineon is buying US chipmaker Cypress Semiconductor for 9 billion euros (or $10. According to Bloomberg, the cash deal, which includes. Infineon is a german semiconductor manufacturer (biggest chip-supplier for the automotive industry). Mit dem komplettierten Portfolio wird Infineon die Nummer 3 im MCU-Bereich. Cypress Semicon Cypress Semicon CY7C68013A-128AXC US$22. by Infineon Technologies AG has executives at both companies excited about a deal that could create one of the 10. Infineon, a wallflower in a bout of consolidation in the semiconductor industry in recent years, said in a statement it agreed to pay $23. Infineon shares opened up 6. 85 реr share tо shareholders оf Cypress, a manufacturer оf flash memory chips аnd microcontrollers. Infineon Technologies AG is a German semiconductor manufacturer founded in 1999, when the semiconductor operations of the parent company Siemens AG were spun off. Infórmate sobre cómo es trabajar en Infineon Technologies. In the latest multi-billion-dollar chip deal, Germany’s Infineon Technologies will acquire Cypress Semiconductor for $23. Bereits im vergangenen Sommer hatte Infineon die Cypress-Übernahme angekündigt. Cypress didn't offer any guidance last quarter in anticipation of Infineon closing the deal, but analysts previously expected its revenue and earnings to rise 6% and 13%, respectively, this year. Infineon Technologies AG and Cypress Semiconductor Corp. As announced on June 3, 2019, Infineon Technologies AG and Cypress entered into an agreement and plan of merger providing for Infineon to acquire Cypress for $23. Cypress shares plunged by 17% in U. While Infineon is German, the company earns a third of its sales in China. Cypress Semiconductor and that funding was in place to complete the deal. Cypress Semiconductor Corporation (NASDAQ: CY) and Infineon Technologies AG today announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US. Mukul Yudhveer Singh-April 12, 2020. national security review raised no concerns over its proposed $10 billion takeover of Cypress Semiconductor Corp. Infineon's reported plans to acquire Cypress may result in some arduous integration work, with the buyer focused on power chips and the target on Internet of Things and specialty memory. Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth PR Newswire. Infineon gets final approval for Cypress acquisition Infineon gets final approval for Cypress acquisition April 07, 2020 // By Ally Winning. "Together, we offer our customers the industry's most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. Infineon’s reported plans to acquire Cypress may result in some arduous integration work, with the buyer focused on power chips and the target on Internet of Things and specialty memory. The deal is expected to close by the end of 2019 or early 2020 if it receives approval from both. Cypress Semiconductor Corp. 06 billion). 85 for each outstanding share of Cypress in the deal. Infineon Technologies AG announced today the Closing of the acquisition of Cypress Semiconductor Corporation. Cypress is listed on the NASDAQ stock exchange (ticker symbol “CY”). Cypress Acquisition Will Propel Infineon To Automotive Semiconductor Leadership In 2020 Apr. “Together, we offer our customers the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. The San Jose-based company has become part of Infineon effective as of the Closing. chipmaker at 9 billion euros ($10. Automotive semiconductor revenues should decrease just 2. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol “IFX”), and in the USA on the over-the-counter market QTCQX International Premier (ticker symbol “IFNNY”). Regístrate en LinkedIn gratis hoy mismo. Cypress shares plunged by 17% in U. 85 per share for the company, marking a 46 per cent premium on Cypress’s 30-day average share price. 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. Cypress Semi, MagnaChip and Others Share Encouraging Chip Sector News Cypress cleared a major regulatory hurdle for it planned sale to Infineon, while South Korea's MagnaChip hiked its revenue. Apr 16, 2020 | Business & Financial Press. -based Cypress Semiconductor Corp. national security officials have recommended that President Donald Trump block German chipmaker Infineon Technologies AG's proposed $10 billion deal to buy Cypress Semiconductor Corp as it. 39% at $17 in morning trading on Friday after ending the day Thursday down 17. Check our stock now! For your security, you are about to be logged out. Reinhard Ploss was born on 8 December 1955 in Bamberg. Its product range is a perfect match. 8 billion in revenues for the current fiscal year. Infineon Technologies has announced the closing of the acquisition of Cypress Semiconductor. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol “IFX”), and in the USA on the over-the-counter market QTCQX International Premier (ticker symbol “IFNNY”). Infineon Technologies AG and Cypress Semiconductor Corporation announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23. 06 billion). The addition of Cypress lets Infineon further strengthen its focus on structural growth drivers and on a broader range of applications. About Cypress. Reinhard Ploss, CEO of Infineon, said: "The planned acquisition of Cypress is a landmark step in Infineon's strategic development. Infineon-Aktie klettert kräftig: Infineon schließt Cypress-Kauf ab: 16. 7 billion acquisition of Cypress Semiconductor Corp. Notably, Infineon walked away with a better outcome than the last time it dealt with CFIUS. 06 billion), including debt, the German company said on Monday. Its product range is a perfect match. Infineon raises $1. The company cited increasing its presence in Silicon Valley (Cypress is based in San Jose, California) as well as strengthening its revenue. Arizona Cypress is found naturally on dry, sterile, rocky mountain slopes and canyon walls, but does very well when planted on better soils or when irrigated. Last June, German semiconductor maker Infineon Technologies agreed to purchase U. The deal was closed in July 2016. Buy CY8C4025AZI-S413T CYPRESS , Learn more about CY8C4025AZI-S413T IC MCU 32BIT 32KB FLASH 48TQFP, View the manufacturer, and stock, and datasheet pdf for the CY8C4025AZI-S413T at Jotrin Electronics. Infineon Technologies AG IFNNY recently unveiled new voltage regulator solutions. He began his career at Infineon in 1986 (Siemens AG. rival Cypress Semiconductor for around 9 billion euros (10. The German company said the price. Erfahren Sie mehr über die Kontakte von Dirk Geiger und über Jobs bei ähnlichen Unternehmen. Sehen Sie sich auf LinkedIn das vollständige Profil an. 85 per share in cash for Cypress. 85美元現金收購賽普拉斯,總企業價值為90億歐元。. 85 per share in cash, corresponding to an enterprise value of €9. Related articles:. maker of microchips used in cars and electronic devices at 9 billion euros ($10. Le fabricant allemand de puces Infineon Technologies franchit le dernier obstacle au rachat de l’américain Cypress Semiconductor en obtenant le feu vert de la Chine - Electronique. 85 per share in cash, an all-time high, and a premium of about 55 percent over Cypress Semiconductor's stock price on May 28, when rumors around the buyout were first. Ploss predicted that the combined company's total revenues will thus increase to Euro 8. by Infineon Technologies AG has executives at both companies excited about a deal that could create one of the 10. Infineon says its planned $10 billion acquisition of Cypress Semiconductor will produce the world's largest automotive chip supplier. Sehen Sie sich auf LinkedIn das vollständige Profil an. Infineon Technologies on Monday announced an agreement to buy Cypress Semiconductor in a deal worth about $10 billion. Germany's Infineon said it would purchase California-based Cypress Semiconductor for $23. Learn about working at Cypress Semiconductor Corporation. Mon-Fri: 8:30 AM-5:30 PM. Product successfully added to your shopping cart Quantity. Infineon-Aktie klettert kräftig: Infineon schließt Cypress-Kauf ab: 16. Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for US$10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation. Mit Cypress Semiconductor kommt nun ein zentraler Baustein hinzu, mit dem Infineon die Weiterentwicklung des Unternehmens vorantreiben und sein Portfolio erweitern kann. pre-market trading, below Infineon’s offer. Infineon CEO Reinhard Ploss spoke of solid demand without major growth impulses. Infineon Technologies AG announced today the Closing of the acquisition of Cypress Semiconductor Corporation. The San Jose-based company (Cypress) has become part of Infineon effective 16 April, 2020. Infineon expects that Cypress’ complementary portfolio. Cypress Semiconductor shares jumped on Tuesday after the announcement that the Committee on Foreign Investment in the United States has completed its review of the Infineon Technologies merger. 4 billion) deal. Melden Sie sich noch heute bei LinkedIn an – völlig kostenlos. The company earlier played down concerns that. 8 billion in revenues for the current fiscal year. The news site for regulatory affairs, MLex Market Insight, reported that Infineon and Cypress have filed and pulled and refiled submissions to CFIUS and a. Investment property in Cypress, TX. Bloomberg's Cypress/Infineon report explains why Mellanox Technologies fell 1. The Cypress businesses will be integrated into Infineon's respective segments. Infineon-Aktie klettert kräftig: Infineon schließt Cypress-Kauf ab: 16. The news site for regulatory affairs, MLex Market Insight, reported that Infineon and Cypress have filed and pulled and refiled submissions to CFIUS and a. The German chipmaker announced the $10 billion takeover last June but the deal took longer than expected to reach the finish line as it underwent a U. (NASDAQ: CY) announced that Cypress has been informed today by the Committee on Foreign Investment in the United States (C risks regarding the failure of Infineon. View Іванна Наконечна’s profile on LinkedIn, the world's largest professional community. Take a look into our smart factory in Dresden where Industry 4. 7 billion acquisition of Cypress Semiconductor Corp. Infineon Arduino at Newark. "The acquisition of Cypress is a landmark step in Infineon's strategic development," said Infineon CEO Reinhard Ploss. Logout Support | 877-792-3866. The statements added that the final part of the process was for Chinese. Infineon, Germany's largest chip manufacturer, is on the verge of making its biggest-ever acquisition. 03 -- Infineon Technologies AG is close to a deal to acquire Cypress Semiconductor Corp. The economic upheavals caused by the coronavirus. Infineon completes acquisition of Cypress Semiconductor Corporation. Reinhard Ploss was born on 8 December 1955 in Bamberg. In late spring 2019, German chipmaker Infineon announced its intent to purchase Cypress Semiconductor () for 9 billion euros, good for a $23. Successful acquisition of Cypress reinforces business model in medium and long term. Financial rationale of the merger confirmed 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. Janos has 2 jobs listed on their profile. The company cited increasing its presence in Silicon Valley (Cypress is based in San Jose, California) as well as strengthening its revenue. Infineon Technologies, one of Europe's largest semiconductor companies, is in the final stage in acquisition of Cypress Semiconductor for €9 billion. 39% at $17 in morning trading on Friday after ending the day Thursday down 17. Cypress fokussiert sich dabei etwa auf Klimatisierung und Infotainment, während es bei Infineon eher um fahrzeugnahe Anwendungen wie Assistenzsysteme geht. Infineon´s XENSIV™ sensors portfolio gives your application a smart feel, a smart taste, a smart eye, a smart nose and a smart ear. 8 position in the semiconductor world rankings. 4 billion ($9. 20: Erste Schätzungen: Infineon veröffentlicht Zahlen. 06 billion). But is this just market rumor? Last month during the company's analyst call, Infineon CEO Reinhard Ploss intimated that. Buy CY8C4025AZI-S413T CYPRESS , Learn more about CY8C4025AZI-S413T IC MCU 32BIT 32KB FLASH 48TQFP, View the manufacturer, and stock, and datasheet pdf for the CY8C4025AZI-S413T at Jotrin Electronics. The San Jose-based company has become part of Infineon effective as of the completion. "Together, we offer our customers the industry's most comprehensive portfolio for linking the real with the digital world and shaping digitalization, one of the most important global trends. 7 billion in cash, the latest mega-deal for an industry grappling with slowing growth. national security review raised no concerns over its proposed US$10 billion takeover of Cypress. "The acquisition of Cypress is a landmark step in Infineon's strategic development," said Infineon CEO Reinhard Ploss. Related articles:. Memory company split out of Infineon Technologies on 1 May 2006, to form at the time the second largest DRAM company worldwide, according to the industry research firm Gartner Dataquest. With effect as of the Closing, Cypress Semiconductor Corporation has become part. Its product range is a perfect match. FRANKFURT (Reuters) – Infineon has agreed to buy Cypress Semiconductors in a deal that values the U. Munich-based Infineon, announcing the deal last June, said it would create an automotive leader with a 13% market share by combining its prowess in managing electric drivetrains with Cypress’s. The Neubiberg-based firm noted it would pay $23. 4 billion) deal.