Infineon on Monday said that it had signed an agreement to take over Cypress Semiconductor, strengthening its portfolio of physical interface technologies. The move will add a set of technologies and expertise needed for numerous emerging sectors, including self-driving automotive, industrial, and Internet of Things. Infineon is set to pay $10 billion. Known primarily for its vast set of offerings for automotive, wireless, security, power, and sensor industries, Infineon needs additional IP for modern applications, which include everything from watches to vehicles and aircrafts. Cypress appears to have this IP (and a lot more, which includes software/firmware) and this is where synergies between the two companies start to kick off. Meanwhile, it is necessary to note that there are many areas where two companies overlap...
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