US officials suggested trump prevent Infineon from acquiring cypress

According to Bloomberg 3 month 6 Reported Wednesday , People familiar with the matter said , For fear that the acquisition of American semiconductor manufacturer cypress by German semiconductor manufacturer Infineon will bring risks to national security , US national security officials advised president trump to block the acquisition .

picture source ： Bloomberg

Infineon tried to negotiate an agreement with the government to make the acquisition possible , But it has not been settled . It is not clear why officials of the Committee on foreign investment in the United States, which is responsible for reviewing foreign acquisitions of U.S. enterprises, believe that this transaction will pose a risk to national security . however , To be sure , The committee is particularly sensitive to any transaction that may expose Chinese manufacturers to advanced American technology .

2019 year 6 month 3 Japan , Infineon and Cypress Semiconductor announced that they have signed a final agreement , Infineon will pay per share 23.85 US dollar cash acquisition of cypress , The total transaction amount is up to 90 Billions of euros . be based on 2018 Fiscal year pro forma revenue 100 Billions of euros , This transaction will make Infineon the eighth largest chip manufacturer in the world . On the basis of power semiconductors and safety controllers that previously had a leading position in the world , Infineon will become the leading chip supplier in the automotive electronics market .

According to data compiled by Bloomberg , One third of Infineon's sales come from China . Infineon told investors on the earnings conference call last month , The company is negotiating a potential settlement for the deal .

The trump administration has strengthened its support for foreign acquisitions of American enterprises , Especially the review of technology companies . Trump blocked two acquisitions on national security grounds , One is the acquisition of Qualcomm by Broadcom , The other is the acquisition of lattice semiconductor by Chinese funds .2017 year , Infineon attempts to acquire American semiconductor company Wolfspeed But the deal was blocked by CFIUS .