Micross Acquires High-Reliability Dc-Dc Converter Business Of Infineon Technologies Ag
Acquiring Company
Micross Components
Acquired Company
Infineon Technologies AG
Apopka
NeubibergManufacturingConsumer ElectronicsManufacturingInformation TechnologySecurityBiometricsBatteryDescription
Micross Components, Inc. ("Micross" or the "Company"), a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital, today announced signing a definitive agreement to purchase the High-Reliability DC-DC converter business (the "Business") of Infineon Technologies AG (FSE: IFX /OTCQX: IFNNY), a global semiconductor leader in power systems and IoT. The deal is expected to close in the first quarter of calendar year 2023.
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Frequently asked
Who acquired Infineon Technologies AG?
Infineon Technologies AG was acquired by Micross Components, based in Apopka. The deal was reported on January 10, 2023. Micross is a leading global provider of mission-critical microelectronic components and services for high-reliability markets. Micross Components is privately held and operates in Manufacturing.
When did Micross Components acquire Infineon Technologies AG?
Micross Components's acquisition of Infineon Technologies AG was reported on January 10, 2023. Micross Components, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Infineon Technologies AG do?
Infineon Technologies AG is a global leader in the payment market, providing innovative solutions that enhance security and convenience in transactions. Their products include secure enclave technologies that support a variety of payment methods. It is publicly traded (IFNNY), operating in Manufacturing, and is based in Neubiberg.
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