BRIEF-Infineon Technologies Enters Agreement To Buy Marvell Technology’s Automotive Ethernet Business

Reuters

04-08

BRIEF-Infineon Technologies Enters Agreement To Buy Marvell Technology’s Automotive Ethernet Business

April 7 (Reuters) - Infineon Technologies AG IFXGn.DE:

EQS-ADHOC: INFINEON TECHNOLOGIES AG: INFINEON TECHNOLOGIES AG ENTERS AGREEMENT TO BUY MARVELL TECHNOLOGY’S AUTOMOTIVE ETHERNET BUSINESS
INFINEON TECHNOLOGIES AG - DEAL VALUED AT $2.5 BILLION IN CASH
INFINEON TECHNOLOGIES AG - BUSINESS EXPECTED TO GENERATE $225-$250 MILLION REVENUE IN 2025
INFINEON TECHNOLOGIES AG - TO USE EXISTING LIQUIDITY AND INCUR ADDITIONAL DEBT FOR ACQUISITION
INFINEON TECHNOLOGIES AG - TRANSACTION EXPECTED TO CLOSE WITHIN 2025 PENDING REGULATORY APPROVALS

Source text: ID:nEQ3cqjSka

Further company coverage: [IFXGn.DE]

((reuters.briefs@thomsonreuters.com;))

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DEAL VALUED AT $2.5 BILLION IN CASHINFINEON TECHNOLOGIES AG - BUSINESS EXPECTED TO GENERATE $225-$250 MILLION REVENUE IN 2025INFINEON TECHNOLOGIES AG - TO USE EXISTING LIQUIDITY AND INCUR ADDITIONAL DEBT FOR ACQUISITIONINFINEON TECHNOLOGIES AG - TRANSACTION EXPECTED TO CLOSE WITHIN 2025 PENDING REGULATORY APPROVALSSource text: ID:nEQ3cqjSkaFurther company coverage: [IFXGn.DE] ((reuters.briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}