Semiconductor maker Infineon buys rival International Rectifier

  • 25-Aug-2014 11:55 EDT
pr140619 from IR.jpg

International Rectifier in June introduced the AUIRFN8403 COOLiRFET power MOSFET for automotive applications that require compact size and high current performance, including pump motor control and body control.

Infineon Technologies AG will buy International Rectifier Corp. under a definitive agreement announced Aug. 20. The acquisition combines two semiconductor companies with leadership positions in power-management technology. The companies say in a joint press release that IR's expertise in low-power, energy-efficient IGBTs (integrated-gate bipolar transistors) and intelligent power modules, power MOSFETs (metal-oxide-semiconductor field-effect transistors), and digital power management ICs (integrated circuits) will integrate well with Infineon’s offering in power devices and modules. With IR, Infineon acquires an advanced manufacturer in gallium nitride on silicon (GaN) based power semiconductors. This combination will accelerate and solidify Infineon’s position in GaN discretes and GaN system solutions, improving its ability to pursue this strategically important technology platform with significant future growth potential, according to the release. Infineon will pay $40 per share in cash for all of IR’s outstanding shares, representing a fully diluted enterprise value of approximately $ 2.4 billion.

Share
HTML for Linking to Page
Page URL
Grade
Rate It
0.00 Avg. Rating

Read More Articles On

2016-10-31
Despite rumors of an acquisition by Apple, McLaren is racing ahead on £1B in self-funded R&D and an ambitious plan to develop an electric supercar worthy of the name.
2017-03-13
In the ongoing design and engineering crusade that is vehicle lightweighting, grams count. In some cases, tenths of a gram count. Regardless of how fuel price has moderated in the U.S. in recent years, the importance of global platforms and global markets means the drive to create more mass-efficient vehicle structures, subassemblies and components continues unabated.
2016-10-06
Peugeot used the 2016 Paris Show for the public launch of the 3008 and 5008 models, now re-defined as SUVs. Both models use the PSA Efficient Modular Platform 2 (EMP2).
2017-02-11
Cab doors that open 180° thanks to a new hinge design are one innovative feature on the recently unveiled 2017 Titan King Cab model.

Related Items

Training / Education
2002-12-23
Training / Education
2010-03-15
Book
2005-12-08