Friday, February 17, 2017

Infineon-Wolfspeed deal looks off

Infineon CEO Reinhard Ploss says he does not expect the company’s $850 million bid for Cree’s SiC and GaN power semiconductor unit Wolfspeed to go ahead. There is “a very significant risk that we will not be able to complete the takeover as planned or possibly even at all”, said Ploss at Infineon’s results meeting ...

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