Infineon gets CFIUS clearance

Infineon has received US clearance for its takeover of Cypress Semiconductor. A statement from Infineon reads: ‘On 9 March 2020, the Committee on Foreign Investment in the United States (“CFIUS”) concluded its review under Section 721 of the Defense Production Act of 1950, of the planned acquisition of Cypress Semiconductor Corporation as announced by Infineon Technologies ...

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