Skip to main content

Infineon Tech ADR(IFNNY)
OTC US

Today's Change
Delayed Last Update

Micross Acquires High-Reliability DC-DC Converter Business of Infineon Technologies AG

PR Newswire - Tue Jan 10, 2023

Acquisition Expands Micross' High-Reliability Power Management Solution Capabilities

MELVILLE, N.Y., Jan. 10, 2023 /PRNewswire/ -- 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.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe