IFX.F - Infineon Technologies AG

Frankfurt - Frankfurt Delayed Price. Currency in EUR
15.18
+0.07 (+0.49%)
As of 8:01AM CEST. Market open.
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Previous Close15.11
Open15.18
Bid15.18 x 400000
Ask15.18 x 400000
Day's Range15.18 - 15.18
52 Week Range13.46 - 23.34
Volume2
Avg. Volume21,210
Market Cap17.139B
Beta (3Y Monthly)1.38
PE Ratio (TTM)19.17
EPS (TTM)0.79
Earnings DateN/A
Forward Dividend & Yield0.27 (1.81%)
Ex-Dividend Date2019-02-22
1y Target Est24.69
  • Is Cypress Semiconductor a Buy?
    Motley Fool8 days ago

    Is Cypress Semiconductor a Buy?

    Investing in this semiconductor maker makes a surprising amount of sense, even though there's a firm all-cash buyout going on.

  • Financial Times8 days ago

    Stocks to watch: Siltronic, Merck, Infineon, Cineworld, Experian

    ● Siltronic led Europe’s semiconductor stocks lower after its third profit warning of 2019, with the wafer maker blaming macro uncertainty and the US-China trade war for a significant drop in orders. Full-year sales would be down between 10 per cent and 15 per cent, rather than a previous target of 5 per cent to 10 per cent lower, Siltronic warned. “Siltronic’s third profit warning this year reflects the limited visibility in the sector.

  • Bloomberg8 days ago

    Infineon Sells $1.7 Billion in New Shares to Fund Cypress Deal

    (Bloomberg) -- Infineon Technologies AG raised about 1.55 billion euros ($1.74 billion) in a capital increase to help finance its acquisition of Cypress Semiconductor Corp.The German chipmaker, which analysts have said may be paying too much for its U.S. rival, sold about 113 million new shares at 13.70 euros each, the company said Tuesday in a statement. The price was about 4.6% below Monday’s closing price of 14.36 euros and the shares fell as much as 6.6% in early trading in Frankfurt to the lowest in almost three years.Infineon is buying San Jose, California-based Cypress -- a memory-chip maker re-positioning itself as a provider to automobiles and other connected devices -- for an enterprise value of 9 billion euros. The combined entity would have sales that would place it among the top 10 chipmakers globally, according to Citibank.Some analysts have questioned the wisdom of the deal. The price is high and cost and revenue synergies will have to be achieved to make the acquisition financially attractive, Warburg said earlier this month in a note.Infineon Chief Executive Officer Reinhard Ploss has argued that the companies are a “perfect fit” because their complementary products create an avenue for faster growth, benefiting employees and shareholders.S&P Global Ratings has put the company on review for a possible ratings downgrade, citing concerns over financing.To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Iain Rogers, Andrew BlackmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters8 days ago

    UPDATE 1-Infineon raises $1.7 billion to help fund Cypress deal

    Infineon Technologies raised 1.545 billion euros ($1.74 billion) in an accelerated capital increase to help fund the cost of its planned acquisition of Cypress Semiconductor, it said late on Monday. Infineon said on June 3 it had agreed to buy Silicon Valley-based Cypress for $10 billion, paying a 46% premium to expand into next-generation autos and Internet technologies. "Infineon said it will equity finance about 30% of the ... deal.

  • Reuters9 days ago

    Infineon launches 1.5 bln euro capital hike to help fund Cypress deal

    Infineon Technologies said on Monday it was launching an accelerated capital increase to raise 1.5 billion euros ($1.68 billion) towards the cost of its planned acquisition of Cypress Semiconductor. The German chipmaker said in a statement that the offering of new shares, by way of a private placement to institutional investors, would increase its share capital by 10%. Separately, the bookrunner on the deal set price guidance for the placement at 13.66 euros.

  • How China Could Pose a Threat to the Cypress-Infineon Deal
    Market Realist21 days ago

    How China Could Pose a Threat to the Cypress-Infineon Deal

    Cypress Stock Soared 24% on Acquisition Offer from Infineon(Continued from Prior Part)Merger dealInfineon Technologies, which is a Germany-based chipmaker, has formed an acquisition agreement to buy US rival Cypress Semiconductor (CY) for $10

  • How Will Infineon Acquisition Deal Benefit Cypress?
    Market Realist21 days ago

    How Will Infineon Acquisition Deal Benefit Cypress?

    Cypress Stock Soared 24% on Acquisition Offer from Infineon(Continued from Prior Part)Cypress’s buyout offerCypress Semiconductor (CY) stock rose close to 24% to $22.07 on Monday, nearing an eight-year high after it received a buyout offer from

  • How Cypress Deal Could Boost Infineon’s Product Offerings
    Market Realist22 days ago

    How Cypress Deal Could Boost Infineon’s Product Offerings

    Cypress Stock Soared 24% on Acquisition Offer from Infineon(Continued from Prior Part)Cypress-Infineon dealUS-based Cypress Semiconductor (CY) has accepted a buyout offer from rival German chipmaker Infineon Technologies, which makes power chips

  • Cypress Stock Soared 24% on Acquisition Offer from Infineon
    Market Realist22 days ago

    Cypress Stock Soared 24% on Acquisition Offer from Infineon

    Cypress Stock Soared 24% on Acquisition Offer from InfineonCypress takeover Cypress Semiconductor (CY) jumped 23.9% on Monday and closed at $22.07 after German chipmaker Infineon Technologies AG agreed to buy the US chipmaker amid global uncertainty

  • GlobeNewswire22 days ago

    Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Cypress Semiconductor Corporation (NASDAQ: CY) on Behalf of Cypress Shareholders and Encourages Cypress Investors to Contact the Firm

    NEW YORK, June 03, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Cypress Semiconductor Corporation (NASDAQ: CY) on.

  • Why Germany's Infineon Is Buying Cypress Semiconductor
    Motley Fool23 days ago

    Why Germany's Infineon Is Buying Cypress Semiconductor

    Adding the California chipmaker to its portfolio is all about preparing for the growth of electric vehicles and other connected things.

  • Infineon Purchase Of Cypress To Create No. 1 Auto Chip Supplier
    Investor's Business Daily23 days ago

    Infineon Purchase Of Cypress To Create No. 1 Auto Chip Supplier

    Infineon Technologies on Monday announced an agreement to buy Cypress Semiconductor in a deal worth about $10 billion. The combination will create the No. 1 supplier of automotive chips.

  • Reuters23 days ago

    Infineon's Cypress deal may land advisers $95 million fee bonanza

    Banks including Morgan Stanley and JP Morgan are set for a $95 million windfall, their most lucrative payday so far this year for a deal involving a European company, after Infineon's swoop on Cypress Semiconductor. The German company's $10 billion deal with Silicon Valley-based Cypress will boost Infineon's presence in next-generation automobiles and Internet technologies, creating an automotive leader with a 13% market share. A pick-up in multi-billion dollar deals in Europe, which began in May with Nestle's $10 billion sale of its skin health unit to buyout fund EQT, will mean a much-needed fee boost for some banks, who are typically paid on a success basis.

  • Reuters23 days ago

    European shares rise, spurred on by healthcare stocks

    European shares recovered from early losses to end Monday higher as gains in healthcare stocks helped head off weakness in trade-sensitive sectors like technology after the latest twist in the U.S.-China trade war. China will reportedly investigate whether FedEx Corp damaged its clients' legal rights and interests after telecoms giant Huawei said parcels intended for it were diverted. "Tensions between the U.S. and China, and the U.S. and Mexico, are still high - the highest they have been recently, so today's move might turn out to be a relief rally," David Madden, market analyst at CMC Markets UK, wrote in a note.

  • Stock Market News: Boeing Hits More Turbulence; Infineon Makes a Big Buy
    Motley Fool23 days ago

    Stock Market News: Boeing Hits More Turbulence; Infineon Makes a Big Buy

    Markets were mixed on Monday morning.

  • GlobeNewswire23 days ago

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Cypress Semiconductor Corporation to Infineon Technologies AG is Fair to Shareholders

    NEW YORK, June 03, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Cypress Semiconductor Corporation.

  • TheStreet.com23 days ago

    Infineon Technologies Agrees $10 Billion Takeover of Cypress Semiconductor

    agreed to buy Cypress Semiconductor Corp. Infineon, Europe's biggest semiconductor group, said it would pay $23.85 per share for Cypress, a major supplier of Wi-Fi/Bluetooth connectivity chips for cars, home electronics and IoT devices, a 33.8% premium to its Friday closing price. Infineon will finance around a third of the deal with its existing equity, with the remainder coming from cash and debt.

  • Infineon Will Buy Cypress Semi in Latest Chip Mega-Deal
    Bloomberg23 days ago

    Infineon Will Buy Cypress Semi in Latest Chip Mega-Deal

    Infineon Technologies AG agreed to buy Cypress Semiconductor Corp. for about $8.7 billion in cash, the latest mega-deal for an industry grappling with slowing growth. The $23.85 a share offer is a 34% premium to Cypress’s Friday close, and is 50% above the price the stock was trading at on May 29, when Bloomberg first reported takeover interest in the San Jose, California-based company. “Cypress’s products ideally complement our own offerings,” Infineon Chief Executive Officer Reinhard Ploss said on a call with reporters Monday.

  • Cypress Stock Rose Due to Buyout Offer from Infineon Technologies
    Market Realist23 days ago

    Cypress Stock Rose Due to Buyout Offer from Infineon Technologies

    Cypress Stock Rose Due to Buyout Offer from Infineon TechnologiesCypress stock On June 3, Cypress Semiconductor (CY) shares rose ~25% in pre-market trade after the company agreed to a buyout offer from Infineon Technologies. According to a

  • Infineon Is Late to Its Own M&A Party
    Bloomberg23 days ago

    Infineon Is Late to Its Own M&A Party

    Infineon Technologies AG agreed a $10 billion deal on Monday to buy Cypress Semiconductor Corp to form the largest supplier of semiconductors to the automotive industry. The Munich-based company’s $2.3 billion acquisition of International Rectifier Corp. in 2014 heralded the subsequent deluge of deals, but was smaller than many of those that followed. Infineon is paying a generous 46 percent more than Cypress’s average market value over the past 30 days. The stated cost synergies are 180 million euros ($201 million) by 2022.

  • Benzinga23 days ago

    Infineon Confirms Deal To Buy Cypress Semiconductor For $10B

    Within a week after rumors swirled of a potential sale, Cypress Semiconductor Corporation (NASDAQ: CY) confirmed it has agreed to be acquired by Infineon Technologies AG (OTC: IFNNY) for $23.85 per share in cash, translating to an enterprise value of 9 billion euros, or $10.05 billion. Cypress, which makes flash memory chips and microcontrollers powering small electronic devices, has expressed its intention to focus on the automotive market and the Internet of things, or IoT. For Infineon, the going has been tough amid geopolitical tensions, and the pursuit of inorganic growth is seen as a move to revitalize its sagging growth.

  • Germany's Infineon agrees to purchase U.S. rival Cypress
    Yahoo Finance Video23 days ago

    Germany's Infineon agrees to purchase U.S. rival Cypress

    Yahoo Finance's Akiko Fujita reports to Julie Hyman and Adam Shapiro on Infineon's agreement to buy U.S. rival Cypress.

  • Companies to Watch: Infineon buys U.S. rival, Goldman Sachs makes a deal, Blackstone buys Amazon warehouses
    Yahoo Finance Video23 days ago

    Companies to Watch: Infineon buys U.S. rival, Goldman Sachs makes a deal, Blackstone buys Amazon warehouses

    Infineon, Cypress Semiconductor, Goldman Sachs, The Blackstone Group, Google and Sephora are the companies to watch.