KRTL BioTech

Infineon to buy Cypress Semiconductors in $10 billion deal

Infineon to buy Cypress Semiconductors in $10 billion deal

Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday.