- Zacks•6 days ago
Infineon Technologies AG (IFNNY) recently inked a definitive agreement with premium manufacturer and marketer of lighting-class LEDs, Cree Inc. (CREE) to acquire its Wolfspeed Power and RF division.
- American City Business Journals•9 days ago
Reinhard Ploss, CEO of Infineon Technologies AG, has bullish plans for Durham. Once his German semiconductor company – currently No. 3 in the industry – closes on its $850 million buy of Cree’s power and radio frequency division , he expects to make major investments in Bull City. For starters, Infineon is taking over a Cree-owned building at the edge of Cree’s Silicon Drive headquarters.
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