Infineon Technologies AG has agreed to acquire Marvell Technology’s automotive Ethernet business for US$2.5 billion, aiming to strengthen its automotive microcontroller (MCU) and networking portfolio amid rising demand for software-defined vehicles (SDVs). The deal, pending regulatory approval, reinforces Infineon’s position in automotive semiconductors, where it already leads in MCUs and power chips.
Infineon to acquire Marvell’s automotive Ethernet unit for US$2.5 billion
09
Apr