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Infineon poised to buy U.S. chipmaker – source

20
Aug
2014

FRANKFURT (Reuters) – Germanys Infineon is poised to buy a U.S.-based semiconductor company for about $2 billion, a person close to the deal told Reuters on Wednesday. Bloomberg earlier cited people familiar with the matter as saying a deal could be announced later on Wednesday. Bloomberg had named Power Integrations, Fairchild Semiconductor and Semtech as possible targets. The person close to the deal told Reuters that Infineon was not buying Fairchild or larger Freescale and declined to comment on other candidates. …

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