Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell's Automotive Ethernet business

Infineon Technologies AG United Kingdom United States of America France Spain Germany

Infineon enters into agreement for acquisition of Marvell Technology's Automotive Ethernet business for US$2.5 billion Transaction combines Infineon's market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon's system capabilities for software-defined vehicles Additional growth opportunities to address future IoT applications such as humanoid robotsBusiness expected to generate revenue of US$225 – US$250 million in calendar year 2025 with a gross margin of around 60%All-cash transaction to be financed from existing liquidity and additional debt-

Further information is available at www.infineon.com

This press release is available online at www.infineon.com/press

Follow us: X - Facebook - LinkedIn

Contact:

Andre Tauber
Infineon Technologies AG
Head of Strategy and Business Communications
CP CC SBI
Office: [phone]
Mobile: [phone]
[e-mail]

 

View original content:https://www.prnewswire.co.uk/news-releases/infineon-further-strengthens-its-number-one-position-in-automotive-microcontrollers-and-boosts-systems-capabilities-for-software-defined-vehicles-with-acquisition-of-marvells-automotive-ethernet-business-302423149.html