Infineon to sell NOR Flash and F-RAM business to Winbond
Germany's Infineon has entered into a definitive agreement under which Taiwanese Winbond Electronics will acquire Infineon’s NOR Flash and F-RAM business in an all-cash transaction valued at USD 1.12 billion.
The business comprises a portfolio of NOR Flash memory as well as F-RAM products serving customers across automotive, industrial and infrastructure markets. Subject to obtaining the required regulatory approvals, the parties currently target closing the transaction in the second half of 2027.
“The transaction represents a highly compelling strategic outcome for all stakeholders,” said Peter Schiefer, President of Infineon’s Automotive Division, in a press release. “It allows Infineon to further focus its portfolio and capital allocation on its core growth drivers. At the same time, it enables our NOR Flash and F-RAM business to unlock its full potential.”
Winbond is a major provider with a focus on memory solutions which, according to Infineon, makes the company a good fit to unlock future growth possibilities for the NOR Flash and F-RAM business. Winbond will operate the acquired business as a standalone entity with headquarters in Silicon Valley in the United States.
Infineon says it will continue to offer a portfolio of specialty memory solutions, including SRAM, HYPERRAM, nvSRAM and SONOS based radiation-hardened memory solutions.
