{"id":14796,"date":"2023-05-08T13:05:07","date_gmt":"2023-05-08T11:05:07","guid":{"rendered":"https:\/\/silicon-saxony.de\/infineon-acquisition-of-gan-systems-planned\/"},"modified":"2023-06-14T16:16:14","modified_gmt":"2023-06-14T14:16:14","slug":"infineon-acquisition-of-gan-systems-planned","status":"publish","type":"post","link":"https:\/\/silicon-saxony.de\/en\/infineon-acquisition-of-gan-systems-planned\/","title":{"rendered":"Infineon: Acquisition of GaN Systems planned"},"content":{"rendered":"<p><strong>Infineon Technologies AG and GaN Systems Inc. (&quot;GaN Systems\u201d) today announced that the companies have signed a definitive agreement under which Infineon will acquire GaN Systems for US$830 million. GaN Systems is a global technology leader in the development of GaN-based solutions for power conversion. The company is headquartered in Ottawa, Canada, and has more than 200 employees.<\/strong><br \/>\n<img loading=\"lazy\" decoding=\"async\" height=\"165\" width=\"300\" src=\"https:\/\/cdn.pblzr.de\/dacbb27c-1270-4041-b681-e2b95f06f8a1\/2023\/05\/infineon-300px_9.jpg\" data-htmlarea-file-uid=\"1531\" style=\"\" alt=\"\"><br \/>\n&quot;GaN technology is paving the way for more energy-efficient and CO 2-saving solutions that support decarbonization. Adoption in applications like mobile charging, data center power supplies, residential solar inverters, and onboard chargers for electric vehicles is at the tipping point, leading to a dynamic market growth,\u201d said Jochen Hanebeck, CEO of Infineon. &quot;The planned acquisition of GaN Systems will significantly accelerate our GaN roadmap, based on unmatched R&amp;D resources, application understanding and customer project pipeline. Following our strategy, the combination will further strengthen Infineon\u2019s leadership in Power Systems through mastery of all relevant power technologies, be it on silicon, silicon carbide or gallium nitride.\u201d<\/p>\n<p>Jim Witham, CEO of GaN Systems, said: &quot;The GaN Systems team is excited about teaming up with Infineon to create highly differentiating customer offerings, based on bringing together complementary strengths. With our joint expertise in providing superior solutions, we will optimally leverage the potential of GaN. Combining GaN Systems\u2019 foundry corridors with Infineon\u2019s in-house manufacturing capacity enables maximum growth capability to serve the accelerating adoption of GaN in a wide range of our target markets. I am very proud of what GaN Systems has accomplished so far and cannot wait to help write the next chapter together with Infineon. As an integrated device manufacturer with a broad technology capability, Infineon enables us to unleash our full potential.\u201d<\/p>\n<p>As a wide bandgap material, GaN offers customer value by higher power density, higher efficiency, and size reductions, especially at higher switching frequencies. These properties enable energy savings and smaller form factors, making GaN suited for a wide range of applications. By 2027, market analysts expect the GaN revenue for power applications to grow by 56% CAGR to approx. US$2 billion (source: Yole, Compound Semiconductor Market Monitor-Module I Q4 2022). As such, GaN is becoming a key material for power semiconductors, alongside silicon and silicon-carbide, and coupled with new topologies, such as Hybrid Flyback and multi-level implementations. In February 2022, Infineon announced doubling down on wide bandgap by investing more than \u20ac2 billion in a new frontend fab in Kulim, Malaysia, strengthening its market position. The first wafers will leave the fab in the second half of 2024, adding to Infineon\u2019s existing wide bandgap manufacturing capacities in Villach, Austria.<\/p>\n<p>The planned acquisition of GaN Systems in an all-cash transaction will be funded from existing liquidity. The transaction is subject to customary closing conditions, including regulatory approvals.<br \/><strong><br \/><em>About GaN Systems <\/em><\/strong><br \/>GaN Systems is a global leader in GaN power semiconductors with a broad portfolio of transistors which address the needs of today\u2019s most demanding industries including consumer electronics, data center servers and power supplies, renewable energy systems, industrial motors, and automotive electronics.<br \/><strong><br \/><em>About Infineon<\/em><\/strong><br \/>Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about \u20ac14.2 billion in the 2022 fiscal year (ending 30 September). <\/p>\n<p><em><strong>Links<\/strong><\/em><\/p>\n<link http:\/\/www.infineon.com=\"\" -=\"\" arrow-right=\"\">www.infineon.com&nbsp;&nbsp; <link http:\/\/www.gansystems.com=\"\" -=\"\" arrow-right=\"\">www.gansystems.com<br \/>\n","protected":false},"excerpt":{"rendered":"<p>Infineon Technologies AG and GaN Systems Inc. (&#8220;GaN Systems\u201d) today announced that the companies have signed a definitive agreement under which Infineon will acquire GaN Systems for US$830 million. GaN Systems is a global technology leader in the development of GaN-based solutions for power conversion. The company is headquartered in Ottawa, Canada, and has more than 200 employees.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4818],"tags":[1981,1952,1962,2010,1972,2004,1960],"class_list":["post-14796","post","type-post","status-publish","format-standard","hentry","category-microelectronics","tag-cleanroom","tag-electronics","tag-ic-design-en","tag-manufacturing","tag-nanoelectronics","tag-packaging-en","tag-semiconductor"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Infineon: Acquisition of GaN Systems planned - Silicon Saxony<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/silicon-saxony.de\/en\/infineon-acquisition-of-gan-systems-planned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infineon: Acquisition of GaN Systems planned - Silicon Saxony\" \/>\n<meta property=\"og:description\" content=\"Infineon Technologies AG and GaN Systems Inc. (&quot;GaN Systems\u201d) today announced that the companies have signed a definitive agreement under which Infineon will acquire GaN Systems for US$830 million. GaN Systems is a global technology leader in the development of GaN-based solutions for power conversion. 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