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Infineon consolidates satcoms chipmaker Wolfspeed paying Cree US$850m in cash

Connectivity BusinessbyConnectivity Business
July 16, 2016
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German semiconductor maker Infineon has agreed an US$850m all-cash deal that will see it acquire Wolfspeed from US lighting group Cree. Wolfspeed makes a variety of semiconductors including for L-band, S-band, X-band, C-band and Ku-band applications and satellite communications. German semiconductor maker Infineon (ETR:IFX) has agreed an US$850m all-cash deal that will see it acquire Wolfspeed from US lighting group Cree (NASDAQ:CREE). Wolfspeed makes a variety […]

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