cypress semiconductor infineon

The contents of this announcement have not been verified by any of the Financial Advisors or any of their affiliates. This announcement does not constitute shareholder voting or proxy information, a proxy, an offer to purchase, or prospectus, in whole or in part, and any decision with respect to the manner in which to vote on any corporate or shareholder action or sell or purchase any securities should not be made on the basis of the information contained in this announcement, and should be made solely on the basis of the information to be contained in the relevant document  and on an independent analysis of the information contained therein. Following Infineon Technologies’ acquisition of Cypress Semiconductor, distributor Rutronik will now offer the memories, microcontrollers and other products in the Cypress portfolio. > Press Releases Cypress Semiconductor Corporation An Infineon Technologies Company 6 Arie Regev Street 42504 Netanya Israel Product Design. The integration of Cypress is a major step for Infineon and a unique opportunity for our customers. In the 2018 fiscal year (ending 30 September), the Company reported sales of €7.6 billion with about 40,100 employees worldwide. Cypress is the leader in advanced embedded solutions for the world’s most innovative automotive, industrial, smart home appliances, consumer electronics and medical products. In addition, the strong fit of our two companies will bring enhanced opportunities for our customers and employees.” Steve Albrecht, Chairman of the Board of Directors of Cypress, said: “For the past three years, our Cypress 3.0 strategy has delivered tremendous results and restructured the entire organization to focus on markets that matter. This announcement does not constitute or form part of, and should not be construed as, an offer of, a solicitation of an offer to buy, or an invitation to subscribe for, underwrite or otherwise acquire, any securities of the Infineon Technologies AG, the Cypress Semiconductor Corp. or the securities of any existing or future member of the Cypress group (the “Cypress Group”) or the Infineon Technologies AG group (the “Infineon Technologies Group”). You are urged to consider these factors carefully in evaluating the forward-looking statements in this announcement and not to place undue reliance on such statements. Analyst telephone conference and press telephone conference Infineon will host a telephone conference call including a webcast for analysts and investors (in English only) on 3 June 2019 at 8:15 am (CEST) in order to inform about the planned transaction. To learn more, go to www.cypress.com. Microelectronics from Infineon is the key to a better future. After a long period of uncertainty, Infineon Technologies has received all regulatory approvals necessary for the acquisition of Cypress Semiconductor Corporation. > Company The proposed transaction will be submitted to Cypress stockholders for their consideration. Infineon announced us they will keep the current communication between all customers and them for a while under this serious COVID-19 situation. Cypress Semiconductor, An Infineon Technologies Company / U.S.A. Cypress is now Infineon. Forward-looking information involves risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in, or reasonably inferred from, such statements. The combination of Infineon’s security expertise and Cypress’s connectivity know-how will accelerate entry into new IoT applications in the industrial and consumer segments. We will strengthen and accelerate our profitable growth and put our business on a broader basis. This announcement includes “'forward-looking statements.” These statements contain the words “anticipate,” “believe,” “intend,” “estimate,” “expect”, “expected” “”target”, “aims”, “will“ and words of similar meaning. This announcement is not only a testament to the strength of our team in delivering industry-leading solutions worldwide, but also to what can be realized from uniting our two great companies. Information regarding certain of these persons and their beneficial ownership of Cypress’ common stock is also set forth in Cypress’ definitive proxy statement on Schedule 14A for its 2019 annual meeting of stockholders filed on March 15, 2019 with the SEC, which can be obtained free of charge from the sources indicated above. Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Its product range is a perfect match. Upon successful integration, Infineon will adapt its target operating model accordingly. Infineon Technologies AG`s securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. We look forward to welcoming our new colleagues from Cypress to Infineon. Therefore, caution should be taken not to place undue reliance on any such forward-looking statements. This will open up additional growth potential in the automotive, industrial and Internet of Things sectors. This announcement is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. Jointly, we will enable more secure, seamless connections, and provide more complete hardware and software sets to strengthen our customers’ products and technologies in their end markets. > Infineon to acquire Cypress, strengthening and accelerating its path of profitable growth, Usage of this website is subject to our Usage Terms. Bank of America Merrill Lynch also acted as financial advisor. Cypress Semiconductor Corporation is an American semiconductor design and manufacturing company. Cypress’s microcontrollers, wireless and USB-based connectivity solutions, analog ICs, and reliable, high-performance memories help engineers design differentiated products and get them to market first. With this transaction, we will be able to offer our customers the most comprehensive portfolio for linking the real with the digital world. For Cypress shareholders, the combination of continued dividends through closing plus the US$23.85 cash price represents significant value creation. As part of our team, ... Cypress Semiconductor Corporation. Cypress' stock, which previously traded in the mid-teens, surged toward Infineon's offer of $23.85 per share. Based on pro forma revenues of €10 billion in FY 2018, the transaction will make Infineon the number eight chip manufacturer in the world. This transaction will create product opportunities that are increasingly important in the competitive automotive, industrial, and consumer markets. Fabricaba memorias flash NOR , microcontroladores Traveo F-RAM y SRAM, las únicas soluciones PSoC system-on-chip programables, ICs para gestión de potencia (PMIC), CapSense controladores capacitivos sensibles al tacto, soluciones de Baja Energía Bluetooth (BLE) y de … After receiving interest from several companies, we entered into a transaction that is a testament to our team’s strategy and hard work. The proxy statement, any amendments or supplements thereto and other relevant materials, and any other documents filed by Cypress with the SEC, may be obtained once such documents are filed with the SEC free of charge at the SEC’s website at www.sec.gov. Together, we will continue our shared commitments to innovation and focused R&D investments to accelerate technology advancements.” Hassane El-Khoury, President and CEO of Cypress, said: “The Cypress team is excited to join forces with Infineon to capitalize on the multi-billion dollar opportunities from the massive rise in connectivity and computing requirements of the next technology waves. With the addition of Cypress’s strong R&D and geographical presence in the U.S, Infineon not only strengthens its capabilities for its major customers in North America, but also in other important geographical regions. It can be followed over the Internet in both English and German. With Cypress Semiconductor’s Merger Drama Ending, It May Offer Way to Offset Market Turbulence For German chipmaker Infineon, there’s still one more small hurdle to … In connection with the proposed transaction, Cypress intends to file a proxy statement and other relevant materials with the SEC in connection with the solicitation of proxies in connection with the proposed transaction. The Financial Advisors are acting exclusively for Infineon Technologies AG and for no-one else in connection with or in respect of the transactions referred to in this announcement and will not regard any other person (whether or not a recipient of this presentation) as a client in relation to these transactions and will not be responsible to any other person for providing the protections afforded to their respective clients, or for advising any such person on the contents of this announcement or in connection with any transaction referred to in this announcement. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTION, INVESTORS AND STOCKHOLDERS OF CYPRESS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTION (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER RELEVANT MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Infineon's proposed tie-up values Cypress nearly 50% higher than the stock price prior to media reports that a deal was in the works. > About Infineon For additional discussion of potential risks and uncertainties that could impact Cypress’ results of operations or financial position, refer to Part I, Item 1A. Any failure to comply with these restrictions may constitute a violation of the laws of other jurisdictions. Cypress, and consumer markets automotive, industrial and Internet of Things.! 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