Infineon To Sell NOR Flash And F-RAM Business To Winbond

By Reuters News

Sept 16 (Reuters) - INFINEON TECHNOLOGIES AG IFXGn.DE:

  • ENTERS INTO AGREEMENT TO SELL NOR FLASH AND F-RAM BUSINESS TO WINBOND AND SHARPENS FOCUS ON CORE GROWTH AREAS

  • TRANSACTION VALUED AT $1.12 BILLION SUPPORTS INFINEON'S STRATEGIC FOCUS AND PROFITABLE GROWTH

  • PARTIES CURRENTLY TARGET CLOSING THE TRANSACTION IN THE SECOND HALF OF 2027

Further company coverage: [IFXGn.DE]

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