Infineon, Germany's largest chip maker have purchased International Rectifer Corp for a massive $3 billion! This is a clever move from Infineon as it allows them to move into the US and be so much closer to Silicon Valley and all the cutting edge technology that happens over in California.
The Chief Executive of Infineon said:
“It is very important for us to be in the U.S. and close to the highly innovative region of California,” Ploss said on a conference call. “International Rectifier does that.” (Source: Bloomberg Business Week)
Despite a rise in semiconductor sales, (Evertiq) several large chip companies are merging in response to rising design and fabrication costs. This will probably not be the last such merge we see over the coming months.
Cyclops Electronics carry a huge range of both Infineon and International Rectifier parts and we look forward to the combination and expertise of both companies together.
Check out our Infineon and International Rectifer parts here.