Infineon closes IR acquisition
Infineon Technologies has completed its acquisition of International Rectifier, following the approval of all interested parties.
"The acquisition is an important step for Infineon to foster our position as a global market leader in power semiconductors," said CEO Dr Reinhard Ploss. "We are sure that IR and its employees will make a great contribution to a joint successful future. Together both companies make a powerful combination."
IR's president Robert LeFort will remain in position, as well as assuming the role of president of Infineon North America.
International Rectifier is said by Infineon to be highly complementary. The acquisition broadens its expertise in power semiconductors, whilst bringing additional knowledge of gallium nitride technology.
