Cypress Semiconductor Takes One Last Bow on the Earnings Stage

Semiconductor designer Cypress Semiconductor (NASDAQ: CY) reported third-quarter results on October 24. The company, which specializes in chips for automotive computing and Internet of Things applications, is close to completing a merger with German sector peer Infineon (OTC: IFNNY) and this report might end up being the last business update we get from Cypress as a stand-alone company.

So let's take a look at exactly what Infineon is buying for $9.0 billion.

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Source Fool.com