Infineon nears $2 billion U.S. semiconductor deal : Bloomberg FRANKFURT Wed Aug 20, 2014 9:37am EDT
(Reuters) - Germany's Infineon (IFXGn.DE) is nearing a deal to buy a U.S.-based semiconductor company for about $2 billion, Bloomberg reported on Wednesday, citing people familiar with the matter.
A deal could be announced later on Wednesday, Bloomberg said, without saying which company Infineon was targeting. --------- On July 30, Infineon board member Arunjai Mittal told analysts that the group would pick any target according to its strategic fit, how difficult post-merger integration would be and how much it would add to Infineon's sales and profits.
Among U.S. chipmakers of roughly the size that Bloomberg cited are Fairchild Semiconductor International (FCS.O), Diodes (DIOD.O) and International Rectifier (IRF.N).
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