Infineon Technologies AG of Munich, Germany has closed its acquisition (announced on 2 March) of GaN Systems Inc of Ottawa, Ontario, Canada (a fabless developer of gallium nitride-based power switching semiconductors for power conversion and control applications) for US$830m, funded from existing liquidity in an all-cash transaction. All required regulatory clearances have been obtained and GaN Systems is now part of Infineon...
Source: https://www.semiconductor-today.com/new ... 1023.shtml