By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Infineon Technologies AG to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. Munich, Germany, and San Jose, California – 3 and 2 June 2019 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cypress Semiconductor Corporation (NASDAQ: CY) today announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. The funding of the acquisition is fully underwritten by a consortium of banks. Under the terms of the Agreement and Plan of Merger dated 3 June 2019, Infineon will acquire all of the issued and outstanding share capital of Cypress (which is currently listed on the NASDAQ stock exchange), via a merger with Infineon’s indirectly wholly owned subsidiary IFX Merger Sub Inc. (5) The Transaction therefore constitutes a concentration pursuant to Article 3(1)(b) of the Merger Regulation. Cypress’s microcontrollers, wireless and USB-based connectivity solutions, analog ICs, and reliable, high-performance memories help engineers design differentiated products and get them to market first. Infineon Technologies AG announced and issued the following press release that Infineon implemented the acquisition of CYPRESS Semiconductor on Apr-16-2020. Infineon Technologies AG completes acquisition of Cypress Semiconductor Corporation Infineon Makes Successful Debut on the Hybrid Bond Market and raises EUR 1.2 billion to re-finance the Cypress acquisition Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth System leader for high growth markets Cypress expects to continue its quarterly cash dividend payments until the transaction closes. The transaction has been approved by the Cypress shareholders and all required regulatory clearances have been obtained. Cypress Semiconductor shares jumped 27% in pre-market trade. The closing is expected by the end of calendar year 2019 or early 2020. Credit Suisse and J.P. Morgan acted as lead financial advisors to Infineon. Bank of America Merrill Lynch also acted as financial advisor. Infineon Technologies AG anuncia el cierre de la adquisición de Cypress Semiconductor Corporation, compañía con sede en San José que ha pasado a formar parte del fabricante de chips. Future expects the Infineon portfolio of power, automotive, security, wireless semiconductors and microcontrollers to be used by customers in Europe working in industrial, automotive, medical, the IoT, consumer and lighting markets 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 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 securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. Infineon Technologies acquired Cypress in June 2019 and has added its memory, microcontrollers, sensor, Bluetooth and WiFi technologies to its own offerings. After a long period of uncertainty, Infineon Technologies has received all regulatory approvals necessary for the acquisition of Cypress Semiconductor Corporation. Cypress is now Infineon – together we are more than 47,400* people from over 100 countries at over 80 sites worldwide with one common mission: make life easier, safer and greener for generations to come. Infineon announced us they will keep the current communication between all customers and them for a while under this serious COVID-19 situation. Analyst telephone conference and press telephone conference Infineon will host a telephone conference call including a webcast for analysts and investors (in English only) on 3 June 2019 at 8:15 am (CEST) in order to inform about the planned transaction. In addition to its already leading position in power semiconductors and security controllers, Infineon will now also become the number one supplier of chips to the automotive market. Upon successful integration, Infineon will adapt its target operating model accordingly. International Support +1 … > Cypress acquisition, Infineon Technologies AG completes acquisition of Cypress Semiconductor Corporation, Infineon Makes Successful Debut on the Hybrid Bond Market and raises EUR 1.2 billion to re-finance the Cypress acquisition, Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Usage of this website is subject to our Usage Terms. Cypress' stock, which previously traded in the mid-teens, surged toward Infineon's offer of $23.85 per share. > Press This transaction will create product opportunities that are increasingly important in the competitive automotive, industrial, and consumer markets. Both conferences will also be available live and for download on Infineon’s website at www.infineon.com. Together, we will continue our shared commitments to innovation and focused R&D investments to accelerate technology advancements.” Hassane El-Khoury, President and CEO of Cypress, said: “The Cypress team is excited to join forces with Infineon to capitalize on the multi-billion dollar opportunities from the massive rise in connectivity and computing requirements of the next technology waves. This transaction also makes our business model even more resilient. Information regarding certain of these persons and their beneficial ownership of Cypress’ common stock is also set forth in Cypress’ definitive proxy statement on Schedule 14A for its 2019 annual meeting of stockholders filed on March 15, 2019 with the SEC, which can be obtained free of charge from the sources indicated above. Infineon Technologies AG completes acquisition of Cypress Semiconductor ... Cypress Semiconductor Corp. 198 Champion Court San Jose, CA 95134 USA Tel: +1-408-943-2600. Each of Infineon Technologies AG, the relevant Infineon Technologies Group entities, Financial Advisors and their respective affiliates, agents, directors, officers, employees and advisers, expressly disclaims any obligation or undertaking to update any forward-looking statements contained herein. After receiving interest from several companies, we entered into a transaction that is a testament to our team’s strategy and hard work. For Cypress shareholders, the combination of continued dividends through closing plus the US$23.85 cash price represents significant value creation. Jointly, we will enable more secure, seamless connections, and provide more complete hardware and software sets to strengthen our customers’ products and technologies in their end markets. The Financial Advisors are acting exclusively for Infineon Technologies AG and for no-one else in connection with or in respect of the transactions referred to in this announcement and will not regard any other person (whether or not a recipient of this presentation) as a client in relation to these transactions and will not be responsible to any other person for providing the protections afforded to their respective clients, or for advising any such person on the contents of this announcement or in connection with any transaction referred to in this announcement. The transaction is now expected to close within the next five business days. Infineon's proposed tie-up values Cypress nearly 50% higher than the stock price prior to media reports that a deal was in the works. Acquisition of Cypress Semiconductor, 3 June 2019 Start: 8:15 am CEST / 7:15 am UK / 2:15 am EDT, 苏ICP备15016286号-1 | 苏公网安备 32021402001016号 | 营业执照, Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Dr. Reinhard Ploss, CEO Infineon Technologies AG, Hassane El-Khoury, President and CEO of Cypress, Steve Albrecht, Chairman of the Board of Directors of Cypress, Acquisition of Cypress Semiconductor, 3 June 2019, Home BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTION, INVESTORS AND STOCKHOLDERS OF CYPRESS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTION (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER RELEVANT MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Morgan Stanley is acting as exclusive financial advisor to Cypress, and Simpson Thacher & Bartlett LLP is serving as legal counsel. Improved financial strength following full integration The acquisition will also improve Infineon’s financial strength and Infineon shareholders are expected to benefit from earnings accretion beginning in the first full fiscal year after closing. Cypress Semiconductor Corporation fue una empresa norteamericana dedicada al diseño y fabricación de semiconductores. As part of our team, ... Cypress Semiconductor Corporation. La firma alemana de semiconductores Infineon ha pactado la compra de la estadounidenses Cypress Semiconductor en una operación de 9.000 millones de … A cypress semiconductor infineon of the financial policy to preserve a strategic cash reserve remains in place exclusive advisor. Infineon will offer US $ 23.85 cash price represents significant value creation AG FSE... 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