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Cypress Semiconductor

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is expected to achieve more than $ 135 million in cost synergies on an annualized basis within three years and to be accretive to non-GAAP earnings within the first full year after the transaction closes. At the time of its merger with Spansion in 2015, Cypress Semiconductor had more than 7,000 US and foreign patents. Cypress Semiconductor is a component of the Ocean Tomo 300 Patent Index.
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In March 2015, Cypress and Spansion completed of the transactions of the merger in an all-stock, tax-free transaction valued at approximately $ 5 billion. Cypress shareholders approved the issuance of 2.457 shares of Cypress stock to Spansion shareholders for each Spansion share they own. The merger
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Since its founding, Cypress has acted as an incubator for wholly owned subsidiaries which are given a degree of autonomy and has acquired other small technology companies. In addition, Cypress has been an active acquirer of smaller technology companies. In addition, Cypress has incorporated some of
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valued about $ 9 billions (that represents the all-cash buyout price of $ 23.85 per share). This purchase price premium of 55% was the 4th highest premium paid for a public semiconductor company with greater than $ 1 Billion in value since 2014. The price also represented 18.2 times next twelve
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month average analyst EBITDA estimates, which was the 4th highest EBITDA multiple paid for a public semiconductor company with a value greater than $ 1 Billion since 2014. The acquisition was announced complete on April 17, 2020, ending the independent history of Cypress Semiconductors.
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had recommended McCranie and Martino, Rodgers's nominees, citing "additional - and sharper - questions not only regarding the board's handling of this situation but also regarding the potential for conflicts of interest inherent in Bingham's dual roles."
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In April 2016, Cypress announced the acquisition of Broadcom’s Wireless Internet of Things (IoT) business and related assets in an all-cash transaction valued at $ 550 million. Under the terms of the deal, Cypress will acquire Broadcom's
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decided Cypress Semiconductor Corp. had to give former CEO Rodgers insight into internal documents related to possible violations of Cypress's Code of Business Conduct and Ethics by executive chairman Ray Bingham.
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in an all-stock deal worth $ 1.59 billion. The merger represented the combination of two companies that were No. 1 in their respective memory markets and have successfully diversified into embedded processing.
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Cypress attempted to acquire Integrated Silicon Solution Inc. in 2015 but was thwarted by a competing bid by Chinese buyer consortium Uphill Investment Co., which included
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announced it would acquire Cypress for $ 9.4 billion. The deal closed in April 2020, making Infineon one of the world's top 10 semiconductor manufacturers.
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Programmable System-on-Chip (SoC) that integrates analog and digital components with a microcontroller on a single chip to form a complete solution for
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In April 2016, it was announced that Advanced Semiconductor Engineering, Inc. will invest $ 60 million in Deca and will license Deca’s M-Series
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On June 12, 2017 it was made public that Ray Bingham stepped down from the board. Prior to Bingham’s resignation, shareholder-advisory firms
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its president and chief executive officer, and announced he will join the board of directors on Aug. 11, 2016.
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and others (Fritz Beyerlein, Fred Jenne, Steven H. Kaplan, R. Michael Starnes and Lowell Turriff) from
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and Deca will jointly develop the M-Series fan-out manufacturing process and will expand production of
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leading Cypress and Canyon Bridge as both companies possibly focus on the same acquisition targets.
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https://www.sec.gov/Archives/edgar/data/791915/000110465919033288/a19-10962_2ex99d5.htm
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https://www.sec.gov/Archives/edgar/data/791915/000110465919033288/a19-10962_2ex99d5.htm
1342:"Cypress Semiconductor Corp. to Switch Stock Exchange Listing to NASDAQ on November 12" 839: 582: 532: 383: 343: 1179:"Cypress Closes $ 550 Million Acquisition Of Broadcom's 'Internet Of Things' Business" 460:
In November 2011, Cypress also backed a packaging firm called Deca Technologies, Inc.
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On June 20, 2017, both of Rodgers's nominees won victories by substantial margins.
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in 1986. The company initially focused on the design and development of high speed
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its technology into subsidiaries, to speed up development of such products as the
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Cypress was headquartered in San Jose, CA and had manufacturing plants in
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In 2019, under CEO Hassane El-Khouri, the company agreed to the offer of
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The AgigA Tech, Inc. subsidiary sells non-volatile random-access memory (
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In April 2016, Cypress Semiconductors announced the acquisition of
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Cypress and Spansion to Merge in $ 4 Billion All-Stock Transaction
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SMaL Camera Technologies (Sold to Sensata Technologies in 2007)
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Technology companies based in the San Francisco Bay Area
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Manufacturing companies based in San Jose, California
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Business data for Cypress Semiconductor Corporation:
1483:"Cypress Semiconductor drops bid for chipmaker Atmel" 992:"US SEC: Form 10-K Cypress Semiconductor Corporation" 781:. Since the early 1990s, acquisitions have included: 274: 1439:"Cypress Semiconductor 2015 Form 10-K Annual Report" 1252: 1250: 1204:"Infineon acquires Cypress Semiconductor for $ 9.4B" 1147:"Cypress Semiconductor Picks New CEO From Auto Tech" 920: 468:
In December 2014, Cypress Semiconductor merged with
1122:"Bluetooth Low Energy Module with 400-Meter Range" 334:memories, F-RAM and SRAM Traveo microcontrollers, 1247: 2873: 1390:." November 9, 2011. Retrieved November 9, 2011. 2937:Defunct computer companies of the United States 2371: 1808: 2882:Semiconductor companies of the United States 1334: 1259:"Infineon completes acquisition of Cypress" 970:, vulnerability in some Cypress WiFi chips. 562:firm Canyon Bridge Capital Partners Inc, a 402: 2932:American subsidiaries of foreign companies 2378: 2364: 1815: 1801: 1547: 1545: 25: 2907:Electronics companies established in 1982 2385: 326:was an American semiconductor design and 984: 958:List of semiconductor fabrication plants 415:. It was formed in 1982 with backing by 311: 292: 2917:Companies formerly listed on the Nasdaq 1542: 1227: 996:U.S. Securities and Exchange Commission 716: 487:Also in 2015, Cypress tried to acquire 2902:American companies established in 1982 2887:Electronic design automation companies 2874: 1822: 1705: 1458:. Ocean Tomo. Retrieved on 2013-11-20. 1428:." Dec 1, 2014. Retrieved Jul 6, 2017. 1388:Cypress-backed packaging firm launches 890:FillFactory (sold to ON Semiconductor) 378:Some of its main competitors included 16:Defunct American semiconductor company 2359: 1796: 1449: 1144: 1140: 1138: 558:Bingham, who is a founding member of 545: 2415:China Telecommunications Corporation 1461: 1256: 720: 2942:Defunct computer hardware companies 611: 13: 1756:Company Overview of IC Works, Inc. 1650: 1320:Company Backgrounders by Dataquest 1135: 1082:. allaboutcircuits.com. 2018-05-08 1019:. allaboutcircuits.com. 2021-09-23 14: 2953: 2912:1982 establishments in California 2810:Sasken Communication Technologies 1765: 1288:Cypress Semiconductor Corporation 836:Cascade Semiconductor Corporation 516:and Zigbee IoT product lines and 348:Wireless BLE Bluetooth Low-Energy 324:Cypress Semiconductor Corporation 20:Cypress Semiconductor Corporation 937: 923: 794:International Microcircuits Inc. 725: 711:Second Harvest of Silicon Valley 301:from Cypress Semiconductor in a 223: 222: 203: 202: 183: 182: 163: 162: 140: 139: 1748: 1736: 1724: 1699: 1684:. June 20, 2017. Archived from 1670: 1644: 1619: 1595: 1570: 1517: 1493: 1475: 1431: 1418: 1393: 1380: 1355: 1305: 1276: 1257:Chan, Rodney (April 17, 2020). 1234:Silicon Valley Business Journal 1221: 1196: 285:Footnotes / references 2927:1980s initial public offerings 1228:Stangel, Luke (June 3, 2019). 1171: 1114: 1093: 1072: 1051: 1030: 1009: 740:format but may read better as 1: 2922:2020 mergers and acquisitions 1758:.” Retrieved August 25, 2016. 1706:Bylund, Anders (2019-10-30). 977: 963:List of S&P 400 companies 945:San Francisco Bay Area portal 525:fan-out wafer-level packaging 624: 7: 1471:. Bloomberg. June 30, 2015. 916: 822:Cypress Microsystems (PSoC) 86:; 42 years ago 10: 2958: 1745:8-K Filing with SEC Page=4 1733:8-K Filing with SEC Page=3 1386:Dylan McGrath, EE Times. " 1103:. embedded.com. 2018-01-17 1061:. embedded.com. 2013-03-20 1040:. embedded.com. 2017-10-09 397: 2838: 2788: 2668: 2649:Ericsson Mobile Platforms 2548: 2478: 2393: 2278: 2225: 2214: 2173: 2147: 2140: 2059: 1925: 1830: 1145:Clark, Don (2016-08-11). 1124:. eepower.com. 2016-03-14 570:, was criticized for the 357:Its headquarters were in 283: 269: 244: 234: 214: 194: 174: 154: 135: 124: 113: 98: 80: 70: 43: 33: 24: 2610:Marvell Technology Group 1907:Circuit underutilization 1890:Reconfigurable computing 403:Founding and early years 344:capacitive touch-sensing 2595:Freescale Semiconductor 749:converting this article 552:Delaware Chancery Court 535:using this technology. 502: 463: 448:New York Stock Exchange 2851:Dalvik virtual machine 887:Silicon Light Machines 413:Advanced Micro Devices 320: 309: 2820:The Astonishing Tribe 2697:(with association of 2685:Alcatel Mobile Phones 2590:Cypress Semiconductor 2515:Nuance Communications 2387:Open Handset Alliance 1917:Hardware acceleration 1489:. September 28, 2015. 910:HiBand Semiconductors 618:Infineon Technologies 518:intellectual property 373:Infineon Technologies 315: 296: 262:Emerging Technologies 119:Infineon Technologies 2495:Ascender Corporation 2112:Microchip Technology 1912:High-level synthesis 717:List of acquisitions 647:Colorado Springs, CO 572:conflict of interest 497:Microchip Technology 493:Dialog Semiconductor 491:, but was outbid by 380:Microchip Technology 359:San Jose, California 330:company. It offered 253:Programmable Systems 129:San Jose, California 2760:Samsung Electronics 2640:Renesas Electronics 2181:Intel Quartus Prime 1902:Soft microprocessor 1584:. November 29, 2016 1151:Wall Street Journal 973:icDirectory Limited 568:private equity fund 533:chip-scale packages 388:Renesas Electronics 259:Data Communications 236:Number of employees 21: 2830:Wipro Technologies 2825:Wind River Systems 2450:Sprint Corporation 1824:Programmable logic 840:Simtek Corporation 785:Timing Technology 751:, if appropriate. 546:2017 board dispute 407:It was founded by 384:NXP Semiconductors 321: 310: 188:US$ 354.83 million 168:US$ 164.43 million 19: 2869: 2868: 2790:Commercialization 2765:Sharp Corporation 2750:Motorola Mobility 2660:Texas Instruments 2620:MIPS Technologies 2560:AKM Semiconductor 2353: 2352: 2349: 2348: 2345: 2344: 2132:Texas Instruments 1651:Austin, Elliott. 1456:300® Patent Index 770: 769: 540:Hassane El-Khoury 392:Micron Technology 291: 290: 2949: 2635:Qualcomm Atheros 2405:Bouygues Telecom 2380: 2373: 2366: 2357: 2356: 2223: 2222: 2145: 2144: 1817: 1810: 1803: 1794: 1793: 1777: 1776: 1774:Official website 1759: 1752: 1746: 1740: 1734: 1728: 1722: 1721: 1719: 1718: 1703: 1697: 1696: 1694: 1693: 1674: 1668: 1667: 1665: 1664: 1655:. 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July 5, 2016 1170: 1134: 1113: 1092: 1071: 1050: 1029: 1008: 982: 981: 979: 976: 975: 974: 971: 965: 960: 955: 949: 948: 934: 918: 915: 914: 913: 912: 911: 908: 905: 902: 896: 895: 894: 891: 888: 880: 879: 878: 875: 863: 862: 861: 858: 849: 848: 847: 842: 837: 834: 825: 824: 823: 820: 811: 810: 809: 806: 803: 797: 796: 795: 792: 789: 768: 767: 733: 731: 724: 718: 715: 626: 623: 613: 610: 577:Rodgers ran a 550:In April 2017 547: 544: 538:Cypress named 504: 501: 465: 462: 404: 401: 399: 396: 371:In June 2019, 316:A Cypress USB 289: 288: 281: 280: 271: 267: 266: 264: 263: 260: 257: 254: 250: 248: 242: 241: 238: 235: 232: 231: 220: 212: 211: 200: 192: 191: 180: 175: 172: 171: 160: 155: 152: 151: 137: 133: 132: 126: 122: 121: 115: 111: 110: 100: 96: 95: 82: 78: 77: 75:Semiconductors 72: 68: 67: 65: 64: 58: 51: 49: 44: 41: 40: 35: 31: 30: 15: 9: 6: 4: 3: 2: 2954: 2943: 2940: 2938: 2935: 2933: 2930: 2928: 2925: 2923: 2920: 2918: 2915: 2913: 2910: 2908: 2905: 2903: 2900: 2898: 2895: 2893: 2890: 2888: 2885: 2883: 2880: 2879: 2877: 2862: 2859: 2857: 2854: 2852: 2849: 2847: 2844: 2843: 2841: 2837: 2831: 2828: 2826: 2823: 2821: 2818: 2816: 2813: 2811: 2808: 2806: 2803: 2801: 2798: 2797: 2795: 2791: 2787: 2781: 2778: 2776: 2773: 2771: 2768: 2766: 2763: 2761: 2758: 2756: 2753: 2751: 2748: 2746: 2743: 2741: 2740:Lenovo Mobile 2738: 2736: 2733: 2731: 2728: 2726: 2723: 2721: 2718: 2716: 2713: 2711: 2708: 2706: 2703: 2700: 2696: 2693: 2691: 2688: 2686: 2683: 2681: 2678: 2677: 2675: 2671: 2667: 2661: 2658: 2656: 2653: 2650: 2646: 2643: 2641: 2638: 2636: 2633: 2631: 2628: 2626: 2623: 2621: 2618: 2616: 2613: 2611: 2608: 2606: 2603: 2601: 2598: 2596: 2593: 2591: 2588: 2585: 2581: 2578: 2576: 2573: 2571: 2568: 2566: 2563: 2561: 2558: 2557: 2555: 2551: 2550:Semiconductor 2547: 2541: 2538: 2536: 2533: 2531: 2528: 2526: 2523: 2521: 2518: 2516: 2513: 2511: 2508: 2506: 2503: 2501: 2498: 2496: 2493: 2491: 2488: 2487: 2485: 2481: 2477: 2471: 2468: 2466: 2463: 2461: 2458: 2456: 2453: 2451: 2448: 2446: 2443: 2441: 2438: 2436: 2435:Nepal Telecom 2433: 2431: 2428: 2426: 2423: 2421: 2418: 2416: 2413: 2411: 2408: 2406: 2403: 2402: 2400: 2398: 2392: 2388: 2381: 2376: 2374: 2369: 2367: 2362: 2361: 2358: 2338: 2335: 2333: 2330: 2326: 2323: 2321: 2318: 2317: 2316: 2313: 2309: 2306: 2305: 2304: 2301: 2299: 2296: 2294: 2293:LatticeMico32 2291: 2289: 2286: 2285: 2283: 2281: 2277: 2271: 2268: 2266: 2263: 2261: 2258: 2256: 2253: 2251: 2248: 2246: 2243: 2241: 2238: 2236: 2233: 2232: 2230: 2228: 2224: 2221: 2219: 2213: 2207: 2204: 2202: 2199: 2197: 2194: 2192: 2189: 2187: 2184: 2182: 2179: 2178: 2176: 2172: 2166: 2163: 2161: 2158: 2156: 2153: 2152: 2150: 2146: 2143: 2139: 2133: 2130: 2128: 2125: 2123: 2120: 2118: 2115: 2113: 2110: 2108: 2105: 2103: 2100: 2098: 2095: 2093: 2090: 2088: 2085: 2083: 2080: 2078: 2075: 2073: 2070: 2068: 2065: 2064: 2062: 2058: 2052: 2049: 2047: 2044: 2042: 2039: 2037: 2034: 2032: 2029: 2027: 2024: 2022: 2019: 2017: 2014: 2012: 2009: 2007: 2004: 2002: 1999: 1997: 1994: 1992: 1989: 1987: 1984: 1982: 1979: 1975: 1972: 1971: 1970: 1969:SystemVerilog 1967: 1963: 1960: 1958: 1955: 1954: 1953: 1950: 1946: 1943: 1941: 1938: 1937: 1936: 1933: 1932: 1930: 1928: 1924: 1918: 1915: 1913: 1910: 1908: 1905: 1903: 1900: 1896: 1893: 1892: 1891: 1888: 1886: 1883: 1881: 1878: 1876: 1873: 1871: 1868: 1866: 1863: 1861: 1858: 1854: 1851: 1850: 1849: 1846: 1844: 1841: 1839: 1836: 1835: 1833: 1829: 1825: 1818: 1813: 1811: 1806: 1804: 1799: 1798: 1795: 1786: 1783: 1782: 1779: 1775: 1770: 1769: 1757: 1751: 1744: 1739: 1732: 1727: 1713: 1709: 1702: 1688:on 2017-06-29 1687: 1683: 1679: 1673: 1659:on 2017-06-07 1658: 1654: 1647: 1632: 1628: 1622: 1608: 1604: 1598: 1583: 1579: 1573: 1558: 1554: 1548: 1546: 1531:on 2016-05-04 1530: 1526: 1520: 1506: 1502: 1496: 1488: 1484: 1478: 1470: 1464: 1457: 1452: 1444: 1440: 1434: 1427: 1424:PRNewsWire. 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Index


Subsidiary
Traded as
Nasdaq
NYSE
Semiconductors
Infineon Technologies
San Jose, California
US$
Operating income
Net income
Total assets
Total equity
Divisions
cypress.com

EPLD
PLCC
package

microcontroller
manufacturing
NOR flash
PSoCs
PMICs
capacitive touch-sensing
Wireless BLE Bluetooth Low-Energy
USB connectivity
San Jose, California
Broadcom

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