TITLE

Infineon sells wireline communications business for $347M

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
July 2009
SOURCE
Electronic News (10616624);7/13/2009, Vol. 55 Issue 27, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Infineon Technologies AG will be offering wireline communications business in the U.S. It indicates that the company has been positive that the wireline transaction will improve its financial performance. Moreover, it cites that the wireline transaction will allow the company to focus on its four remaining segments including automotive, industrial and multimarket, chipcard and security, and wireless solutions.
ACCESSION #
43307245

 

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